KRISHNA NATHAN - 17 Aug 2023 Form 4 Insider Report for VIASAT INC (VSAT)

Signature
Kathleen K. Hollenbeck, Attorney-in-Fact
Issuer symbol
VSAT
Transactions as of
17 Aug 2023
Net transactions value
$0
Form type
4
Filing time
21 Aug 2023, 18:44:56 UTC
Previous filing
09 Jun 2023
Next filing
21 Nov 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 +7,500 $0.000000 7,500 17 Aug 2023 Direct
holding VSAT $.0001 par value common stock 35,497 17 Aug 2023 By Spouse

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 -7,500 -100% $0.000000* 0 17 Aug 2023 common stock 7,500 $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 restricted stock unit grant was for 30,000 restricted stock units on August 17, 2019. Subject to the reporting person's continued employment with the Issuer, the units vest and convert into shares of common stock (on a 1-for-1 basis) in four (4) equal annual installments beginning on August 17, 2020.
F2 Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.