James Michael Dodd - Jun 7, 2023 Form 4 Insider Report for VIASAT INC (VSAT)

Role: President, Global Mobile
Signature: Kathleen K. Hollenbeck, Attorney-in-Fact
Stock symbol: VSAT
Transactions as of: Jun 7, 2023
Transactions value $: -$117,877
Form type: 4
Date filed: 6/9/2023, 04:21 PM
Previous filing: Dec 20, 2022
Next filing: Aug 16, 2023

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	+6.61K	+35.06%	$0.00	25.5K	Jun 7, 2023	Direct
transaction	VSAT	$.0001 par value common stock	Tax liability	-$118K	-2.6K	-10.22%	$45.32	22.9K	Jun 7, 2023	Direct	F1
holding	VSAT	$.0001 par value common stock						659	Jun 7, 2023	By 401(k)

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	-6.61K	-50%	$0.00	6.61K	Jun 7, 2023	common stock	6.61K	$0.00	Direct	F2, F3
transaction	VSAT	restricted stock unit	Award	$0	+17.7K		$0.00	17.7K	Jun 7, 2023	common stock	17.7K		Direct	F3, F4, F5

* 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 original restricted stock unit grant was for 26,438 restricted stock units on 06/07/2020. 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.
F4	Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock.
F5	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.