Kumara Guru Gowrappan - Oct 9, 2023 Form 4 Insider Report for VIASAT INC (VSAT)

Role
President
Signature
Stacy Nguyen, Attorney-in-Fact
Stock symbol
VSAT
Transactions as of
Oct 9, 2023
Transactions value $
$0
Form type
4
Date filed
11/21/2023, 04:22 PM
Previous filing
Apr 21, 2023
Next filing
Apr 19, 2024

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 employee stock option (right to buy) Award $0 +150K $0.00 150K Oct 9, 2023 common stock 150K $15.96 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option becomes exercisable, if at all, based on both time-based vesting (in three increments equal to 33% of the total shares on each of the first three anniversary dates of the grant date) and performance-based vesting (if the average daily closing price of Viasat's common stock over any 45-day period during the three year period following the grant date exceeds certain stock price hurdles of $30.00 or above).