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

Role: Chief Corporate Officer
Signature: Stacy Nguyen, Attorney-in-Fact
Issuer symbol: VSAT
Transactions as of: 10 Nov 2023
Net transactions value: -$99,288
Form type: 4
Filing time: 14 Nov 2023, 16:10:38 UTC
Previous filing: 21 Nov 2023
Next filing: 13 Aug 2024
SEC: View on sec.gov

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	+9,959	+2938%	$0.000000	10,298	10 Nov 2023	Direct	F1
transaction	VSAT	$.0001 par value common stock	Tax liability	$99,288	-5,245	-51%	$18.93	5,053	10 Nov 2023	Direct	F2
transaction	VSAT	$.0001 par value common stock	Gift	$0	-339	-6.7%	$0.000000	4,714	13 Nov 2023	Direct	F3
transaction	VSAT	$.0001 par value common stock	Gift	$0	+339	+1.4%	$0.000000	25,195	13 Nov 2023	By Trust
holding	VSAT	$.0001 par value common stock						3,733	10 Nov 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	-3,500	-100%	$0.000000^*	0	10 Nov 2023	common stock	3,500	$0.000000	Direct	F5, F6
transaction	VSAT	restricted stock unit	Options Exercise	$0	-3,125	-50%	$0.000000	3,125	10 Nov 2023	common stock	3,125	$0.000000	Direct	F6, F7
transaction	VSAT	restricted stock unit	Options Exercise	$0	-1,667	-33%	$0.000000	3,333	10 Nov 2023	common stock	1,667	$0.000000	Direct	F6, F8
transaction	VSAT	restricted stock unit	Options Exercise	$0	-1,667	-25%	$0.000000	5,000	10 Nov 2023	common stock	1,667	$0.000000	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.