Keven K. Lippert - Nov 16, 2023 Form 4 Insider Report for VIASAT INC (VSAT)

Role: Executive Vice President
Signature: Stacy Nguyen, Attorney-in-Fact
Stock symbol: VSAT
Transactions as of: Nov 16, 2023
Transactions value $: -$197,387
Form type: 4
Date filed: 11/20/2023, 04:18 PM
Previous filing: Jun 9, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VSAT	$.0001 par value common stock	Sale	-$121K	-6.2K	-99.61%	$19.58	24	Nov 16, 2023	Direct
transaction	VSAT	$.0001 par value common stock	Options Exercise	$0	+11.3K	+46895.83%	$0.00	11.3K	Nov 17, 2023	Direct
transaction	VSAT	$.0001 par value common stock	Tax liability	-$76K	-3.89K	-34.52%	$19.52	7.39K	Nov 17, 2023	Direct	F1
holding	VSAT	$.0001 par value common stock						2.61K	Nov 16, 2023	By 401(k)	F2

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	-3.48K	-100%	$0.00^*	0	Nov 17, 2023	common stock	3.48K	$0.00	Direct	F3, F4
transaction	VSAT	restricted stock unit	Options Exercise	$0	-4.46K	-50%	$0.00	4.46K	Nov 17, 2023	common stock	4.46K	$0.00	Direct	F4, F5
transaction	VSAT	restricted stock unit	Options Exercise	$0	-3.32K	-33.34%	$0.00	6.64K	Nov 17, 2023	common stock	3.32K	$0.00	Direct	F4, F6

* 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	Includes 58 shares of common stock the reporting person acquired under the Viasat 401(k) Plan since the date of reporting person's last ownership report.
F3	The original restricted stock unit grant was for 13,922 restricted stock units on 11/15/2019. Subject to the Reporting Person's 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; 1/4 on the second anniversary of the grant date; 1/4 on the third anniversary and 1/4 on the fourth anniversary of the grant date.
F4	Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.
F5	The original restricted stock unit grant was for 17,825 restricted stock units on 11/17/2020. Subject to the Reporting Person's 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; 1/4 on the second anniversary of the grant date; 1/4 on the third anniversary and 1/4 on the fourth anniversary of the grant date.
F6	The original restricted stock unit grant was for 14,253 restricted stock units on 11/17/2021. Subject to the Reporting Person's 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; 1/4 on the second anniversary of the grant date; 1/4 on the third anniversary and 1/4 on the fourth anniversary of the grant date.