Richard A. Baldridge - 17 Nov 2022 Form 4 Insider Report for VIASAT INC (VSAT)

Role: Vice Chairman, Director
Signature: Kathleen K. Hollenbeck, Attorney-in-Fact
Issuer symbol: VSAT
Transactions as of: 17 Nov 2022
Net transactions value: -$702,708
Form type: 4
Filing time: 21 Nov 2022, 14:59:03 UTC
Previous filing: 25 Apr 2022
Next filing: 20 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VSAT	$.0001 par value common stock	Options Exercise	$0	+32,995		$0.000000	32,995	17 Nov 2022	Direct
transaction	VSAT	$.0001 par value common stock	Tax liability	$590,682	-17,373	-53%	$34.00	15,622	17 Nov 2022	Direct	F1
transaction	VSAT	$.0001 par value common stock	Gift	$0	-15,622	-100%	$0.000000^*	0	17 Nov 2022	Direct	F2
transaction	VSAT	$.0001 par value common stock	Gift	$0	+15,622	+8.3%	$0.000000	202,911	17 Nov 2022	By Trust
transaction	VSAT	$.0001 par value common stock	Options Exercise	$0	+6,250		$0.000000	6,250	19 Nov 2022	Direct
transaction	VSAT	$.0001 par value common stock	Tax liability	$112,026	-3,291	-53%	$34.04	2,959	19 Nov 2022	Direct	F1
transaction	VSAT	$.0001 par value common stock	Gift	$0	-2,959	-100%	$0.000000^*	0	19 Nov 2022	Direct	F2
transaction	VSAT	$.0001 par value common stock	Gift	$0	+2,959	+1.5%	$0.000000	205,870	19 Nov 2022	By Trust
holding	VSAT	$.0001 par value common stock						3,257	17 Nov 2022	By 401(k)	F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	VSAT	restricted stock unit	Options Exercise	$0	-12,943	-50%	$0.000000	12,943	17 Nov 2022	common stock	12,943	$0.000000	Direct	F4, F5
transaction	VSAT	restricted stock unit	Options Exercise	$0	-20,052	-33%	$0.000000	40,104	17 Nov 2022	common stock	20,052	$0.000000	Direct	F5, F6
transaction	VSAT	restricted stock unit	Options Exercise	$0	-6,250	-100%	$0.000000^*	0	19 Nov 2022	common stock	6,250	$0.000000	Direct	F5, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This entry represents the number of shares of Viasat, Inc. common stock withheld by the Issuer to satisfy the tax withholding obligation of the Reporting Person. These shares were not sold by the Reporting Person but were instead offset from the total number of vested shares received by the Reporting Person from the Issuer.
F2	The restricted stock unit was granted to Richard A. Baldridge, an officer of Viasat, Inc. Upon vesting the shares were contributed to The Baldridge Family Trust.
F3	Includes 254 shares of common stock the reporting person acquired under the Viasat 401(k)Plan, since the date of the reporting person's last ownership report.
F4	The original restricted stock unit grant was for 51,722 units on 11/15/2019. Subject to the reporting person's election to defer the receipt of common stock, the units vest and convert into shares of common stock (on a 1-for-1 basis) at a rate of 1/4 on the 13th month anniversary of the grant date; 1/4th on the second anniversary of the grant date; 1/4th on the third anniversary of the grant date and 1/4 on the fourth anniversary of the grant date.
F5	Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.
F6	The original restricted stock unit grant was for 80,208 units on 11/17/2020. Subject to the reporting person's election to defer the receipt of common stock, the units vest and convert into shares of common stock (on a 1-for-1 basis) at a rate of 1/4 on the 13th month anniversary of the grant date; 1/4th on the second anniversary of the grant date; 1/4th on the third anniversary of the grant date and 1/4 on the fourth anniversary of the grant date.
F7	The original restricted stock unit grant was for 25,000 units on 11/19/2018. Subject to the reporting person's election to defer the receipt of common stock, the units vest and convert into shares of common stock (on a 1-for-1 basis) at a rate of 1/4 on the 13th month anniversary of the grant date; 1/4th on the second anniversary of the grant date; 1/4th on the third anniversary of the grant date and 1/4 on the fourth anniversary of the grant date.