James Frederick Bridenstine - 31 Mar 2023 Form 4 Insider Report for VIASAT INC (VSAT)

Role
Director
Signature
Kathleen K. Hollenbeck, Attorney-in-Fact
Issuer symbol
VSAT
Transactions as of
31 Mar 2023
Net transactions value
$0
Form type
4
Filing time
04 Apr 2023, 14:31:25 UTC
Previous filing
02 Sep 2022
Next filing
06 Sep 2023
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 +1,000 +38% $0.000000 3,600 31 Mar 2023 By Trust

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 -1,000 -50% $0.000000 1,000 31 Mar 2023 common stock 1,000 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The original grant on 03/31/2021 was for 3,000 restricted stock units. Subject to the reporting person's continued service as a director of the Issuer, the units vest and convert into shares of common stock (on a 1 for 1 basis) at a rate of 1/3 on the first anniversary of the grant date; 1/3 of the second anniversary of the grant date; and 1/3 on the third anniversary of the grant date.
F2 Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of the directorship with the Issuer.