Mark J. Miller - 07 Jul 2024 Form 4 Insider Report for VIASAT INC (VSAT)

Reporting relationship: Executive Vice President
Issuer ticker: VSAT
Reported as of: 07 Jul 2024
Net transaction value: -$25,024
SEC form: 4
Accepted by SEC: 09 Jul 2024, 16:47:27 UTC
Prior SEC filing: 25 Jun 2024
Next SEC filing: 19 Nov 2024
Source filing: View source filing
Reporting owner signature: Stacy Nguyen, Attorney-in-Fact

Key filing fact

Mark J. Miller filed Form 4 for VIASAT INC (VSAT) on 09 Jul 2024.

Key facts

This page summarizes Mark J. Miller's Form 4 filing for VIASAT INC (VSAT).
5 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 09 Jul 2024, 16:47.

Change

Previous filing in this sequence was filed on 25 Jun 2024.
Current net transaction value: -$25,024.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

VSAT transaction

$.0001 par value common stock

Options Exercise

Transaction value: $0
Shares: +4,418
Change %
Price: $0.000000
Shares after: 4,418
Date: 07 Jul 2024
Ownership: Direct

VSAT transaction

$.0001 par value common stock

Tax liability

Transaction value: $25,024
Shares: -1,739
Change %: -39%
Price: $14.39
Shares after: 2,679
Date: 07 Jul 2024
Ownership: Direct
Footnotes: F2

VSAT transaction

$.0001 par value common stock

Gift

Transaction value: $0
Shares: -2,679
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 07 Jul 2024
Ownership: Direct
Footnotes: F3

VSAT transaction

$.0001 par value common stock

Gift

Transaction value: $0
Shares: +2,679
Change %: +0.78%
Price: $0.000000
Shares after: 347,843
Date: 07 Jul 2024
Ownership: By Trust
Footnotes: F4

VSAT holding

$.0001 par value common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 3,455
Date: 07 Jul 2024
Ownership: By 401(k)
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

VSAT transaction Derivative

restricted stock unit

Options Exercise

Transaction value: $0
Shares: -4,418
Change %: -25%
Price: $0.000000
Shares after: 13,252
Date: 07 Jul 2024
Ownership: Direct
Underlying class: common stock
Underlying amount: 4,418
Exercise price: $0.000000
Footnotes: F5, 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

Includes 709 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.

Footnote 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.

Footnote F3

The restricted stock unit was granted to Mark Miller, an employee of Viasat, Inc. Upon vesting the shares were contributed to The Miller Family Trust.

Footnote F4

Includes 826 shares purchased under the Viasat Employee Stock Purchase Plan on 01/31/2024.

Footnote F5

The original restricted stock unit grant was for 17,670 units on 06/07/2023. Subject to the reporting persons 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 and 1/4 on each of the second, third and fourth anniversary of the grant date.

Footnote F6

Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.