Benjamin Edward Palmer - 09 Oct 2023 Form 4 Insider Report for VIASAT INC (VSAT)

Signature
Stacy Nguyen, Attorney-in-Fact
Issuer symbol
VSAT
Transactions as of
09 Oct 2023
Net transactions value
$0
Form type
4
Filing time
21 Nov 2023, 16:35:25 UTC
Previous filing
15 Sep 2023
Next filing
25 Jun 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 +45,000 $0.000000 45,000 09 Oct 2023 common stock 45,000 $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).