Kevin J. Harkenrider - Nov 10, 2023 Form 4 Insider Report for VIASAT INC (VSAT)

Signature
Stacy Nguyen, Attorney-in-Fact
Stock symbol
VSAT
Transactions as of
Nov 10, 2023
Transactions value $
-$99,288
Form type
4
Date filed
11/14/2023, 04:10 PM
Previous filing
Nov 21, 2023
Next filing
Aug 13, 2024

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 +9.96K +2937.76% $0.00 10.3K Nov 10, 2023 Direct F1
transaction VSAT $.0001 par value common stock Tax liability -$99.3K -5.25K -50.93% $18.93 5.05K Nov 10, 2023 Direct F2
transaction VSAT $.0001 par value common stock Gift $0 -339 -6.71% $0.00 4.71K Nov 13, 2023 Direct F3
transaction VSAT $.0001 par value common stock Gift $0 +339 +1.36% $0.00 25.2K Nov 13, 2023 By Trust
holding VSAT $.0001 par value common stock 3.73K Nov 10, 2023 By 401(k) F4

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 -3.5K -100% $0.00* 0 Nov 10, 2023 common stock 3.5K $0.00 Direct F5, F6
transaction VSAT restricted stock unit Options Exercise $0 -3.13K -50% $0.00 3.13K Nov 10, 2023 common stock 3.13K $0.00 Direct F6, F7
transaction VSAT restricted stock unit Options Exercise $0 -1.67K -33.34% $0.00 3.33K Nov 10, 2023 common stock 1.67K $0.00 Direct F6, F8
transaction VSAT restricted stock unit Options Exercise $0 -1.67K -25% $0.00 5K Nov 10, 2023 common stock 1.67K $0.00 Direct F6, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 197 shares purchased on 01/31/2023 and 142 shares purchased on 07/31/2023 under the Viasat Employee Stock Purchase Plan.
F2 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.
F3 These shares were transferred into the Kevin and Andrea Harkenrider Trust dated November 11, 2008.
F4 Includes 307 shares of common stock the reporting person acquired under the ViaSat 401(k)Plan, since the date of the reporting person's last ownership report.
F5 The original deferred restricted stock unit grant was for 14,000 restricted stock units on November 10, 2009. The units vested and converted into shares of common stock (on a 1-for-1 basis) at a rate of 1/4 on 12/10/2010; 1/4 on 11/10/2011; 1/4 on 11/10/2012 and 1/4 on 11/10/2013. The Reporting Person elected to defer receipt of the common stock for 10 years after each tranche vesting.
F6 Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.
F7 The original deferred restricted stock unit grant was for 12,500 restricted stock units on November 10, 2010. The units vested and converted into shares of common stock (on a 1-for-1 basis) at a rate of 1/4 on 12/10/2011; 1/4 on 11/10/2012; 1/4 on 11/10/2013 and 1/4 on 11/10/2014. The Reporting Person elected to defer receipt of the common stock for 10 years after each tranche vesting.
F8 The original deferred restricted stock unit grant was for 6,667 restricted stock units on November 10, 2011. The units vested and converted into shares of common stock (on a 1-for-1 basis) at a rate of 1/4 on 12/10/2012; 1/4 on 11/10/2013; 1/4 on 11/10/2014 and 1/4 on 11/10/2015. The Reporting Person elected to defer receipt of the common stock for 10 years after each tranche vesting.
F9 The original deferred restricted stock unit grant was for 6,667 restricted stock units on November 12, 2012. The units vested and converted into shares of common stock (on a 1-for-1 basis) at a rate of 1/4 on 12/10/2013; 1/4 on 11/10/2014; 1/4 on 11/10/2015 and 1/4 on 11/10/2016. The Reporting Person elected to defer receipt of the common stock for 10 years after each tranche vesting.