MARK D. DANKBERG - 17 Nov 2022 Form 4 Insider Report for VIASAT INC (VSAT)

Role: Chairman and CEO, Director
Signature: Kathleen K. Hollenbeck, Attorney-in-Fact
Issuer symbol: VSAT
Transactions as of: 17 Nov 2022
Net transactions value: -$840,692
Form type: 4
Filing time: 21 Nov 2022, 15:31:37 UTC
Previous filing: 20 Dec 2021
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	+35,279		$0.000000	35,279	17 Nov 2022	Direct
transaction	VSAT	$.0001 par value common stock	Tax liability	$631,584	-18,576	-53%	$34.00	16,703	17 Nov 2022	Direct	F1
transaction	VSAT	$.0001 par value common stock	Gift	$0	-16,703	-100%	$0.000000^*	0	17 Nov 2022	Direct	F2
transaction	VSAT	$.0001 par value common stock	Gift	$0	+16,703	+1%	$0.000000	1,610,410	17 Nov 2022	By Trust
transaction	VSAT	$.0001 par value common stock	Options Exercise	$0	+11,666		$0.000000	11,666	19 Nov 2022	Direct
transaction	VSAT	$.0001 par value common stock	Tax liability	$209,108	-6,143	-53%	$34.04	5,523	19 Nov 2022	Direct	F1
transaction	VSAT	$.0001 par value common stock	Gift	$0	-5,523	-100%	$0.000000^*	0	19 Nov 2022	Direct	F2
transaction	VSAT	$.0001 par value common stock	Gift	$0	+5,523	+0.34%	$0.000000	1,615,933	19 Nov 2022	By Trust
holding	VSAT	$.0001 par value common stock						2,868	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	-15,227	-50%	$0.000000	15,227	17 Nov 2022	common stock	15,227	$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	-11,666	-100%	$0.000000^*	0	19 Nov 2022	common stock	11,666	$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 Mark Dankberg, an officer of Viasat, Inc. Upon vesting the shares were contributed to The Dankberg Family Trust.
F3	Includes 352 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 60,908 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 46,667 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.