Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VSAT | restricted stock unit | Award | $0 | +20.6K | $0.00 | 20.6K | Jun 7, 2023 | common stock | 20.6K | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock. |
F2 | Subject to the reporting persons election to defer the receipt of the common stock, the units vest and convert into shares of common stock (on a 1 for 1 basis) at the rate of 1/4 on the 13th month anniversary of the grant date and 1/4 on each of the second, third and fourth anniversary of the grant date. |
F3 | Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer. |