Key facts
- This page summarizes Henk Derksen's Form 4 filing for VIAVI SOLUTIONS INC. (VIAV).
- 8 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 28 Sep 2023, 16:34.
Henk Derksen - 26 Sep 2023 Form 4 Insider Report for VIAVI SOLUTIONS INC. (VIAV)
- Reporting relationship
- EVP, CFO
- Issuer ticker
- VIAV
- Reported as of
- 26 Sep 2023
- Net transaction value
- -$93,569
- SEC form
- 4
- Accepted by SEC
- 28 Sep 2023, 16:34:11 UTC
- Prior SEC filing
- 30 Aug 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Donna T. Rossi, attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Henk Derksen filed Form 4 for VIAVI SOLUTIONS INC. (VIAV) on 28 Sep 2023.
Change
- Previous filing in this sequence was filed on 30 Aug 2023.
- Current net transaction value: -$93,569.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
VIAV
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +11,813
- Change %
- +11%
- Price
- $0.000000
- Shares after
- 116,173
- Date
- 26 Sep 2023
- Ownership
- Direct
- Footnotes
- F1
VIAV
transaction
Common Stock
Tax liability
- Transaction value
- $43,903
- Shares
- -4,944
- Change %
- -4.3%
- Price
- $8.88
- Shares after
- 111,229
- Date
- 26 Sep 2023
- Ownership
- Direct
- Footnotes
- F2
VIAV
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +13,363
- Change %
- +12%
- Price
- $0.000000
- Shares after
- 124,592
- Date
- 26 Sep 2023
- Ownership
- Direct
- Footnotes
- F1
VIAV
transaction
Common Stock
Tax liability
- Transaction value
- $49,666
- Shares
- -5,593
- Change %
- -4.5%
- Price
- $8.88
- Shares after
- 118,999
- Date
- 26 Sep 2023
- Ownership
- Direct
- Footnotes
- F2
VIAV
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +27,031
- Change %
- +23%
- Price
- $0.000000
- Shares after
- 146,030
- Date
- 26 Sep 2023
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
VIAV
transaction
Derivative
Market Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -11,813
- Change %
- -54%
- Price
- $0.000000
- Shares after
- 9,885
- Date
- 26 Sep 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 11,813
- Exercise price
- $0.000000
- Footnotes
- F1, F3, F4
VIAV
transaction
Derivative
Market Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -13,363
- Change %
- -22%
- Price
- $0.000000
- Shares after
- 46,620
- Date
- 26 Sep 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 13,363
- Exercise price
- $0.000000
- Footnotes
- F1, F4, F5
VIAV
transaction
Derivative
Market Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -27,031
- Change %
- -37%
- Price
- $0.000000
- Shares after
- 45,815
- Date
- 26 Sep 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 27,031
- Exercise price
- $0.000000
- Footnotes
- F1, F4, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
Each stock unit converts upon vesting into one share of common stock.
Footnote F2
These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the market stock award. The amount retained by the Company was not in excess of the amount of the tax liability.
Footnote F3
Shares reflect the vesting of the 2nd tranche of market-leveraged stock units granted on August 28, 2021 at 119.50% of target based on our total stockholder return during the performance periods as stated on the grant agreement.
Footnote F4
There are no expiration dates on MSUs.
Footnote F5
Shares reflect the vesting of the 1st tranche of market-leveraged stock units granted on August 28, 2022 at 57.33% of target based on our total stockholder return during the performance periods as stated on the grant agreement.
Footnote F6
Represents the market stock units granted on May 28, 2021, which reflect the satisfaction of performance metrics. The market stock units vest on May 28, 2024 subject to continued service. Mr. Derksen has announced his intent to resign from the company as of September 30, 2023. Accordingly, this award will be forfeited upon his termination.