Rajeev Suri - May 30, 2023 Form 4 Insider Report for VIASAT INC (VSAT)

Role
Director
Signature
Kathleen K. Hollenbeck, under power of attorney
Stock symbol
VSAT
Transactions as of
May 30, 2023
Transactions value $
$0
Form type
4
Date filed
5/31/2023, 01:24 PM
Previous filing
May 12, 2023
Next filing
Sep 11, 2023

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 stock option, right to buy Award $0 +9K $0.00 9K May 30, 2023 common stock 9K $45.80 Direct F1
transaction VSAT restricted stock unit Award $0 +3K $0.00 3K May 30, 2023 common stock 3K Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests in 3 equal annual installments beginning on May 30, 2024.
F2 Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock.
F3 Subject to the reporting person's continued services as a Director of the Issuer, the units will vest and convert into shares of common stock of the Issuer at a rate of 1/3 on the first anniversary of the grant date; 1/3 on the second anniversary of the grant date and 1/3 on the third anniversary of the grant date.
F4 Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of the directorship with the Issuer.