Teachers Pension Plan Board Ontario - 10 Feb 2025 Form 4 Insider Report for VIASAT INC (VSAT)

Reporting relationship: Other*
Issuer ticker: VSAT
Reported as of: 10 Feb 2025
Net transaction value: -$33,750,000
SEC form: 4
Accepted by SEC: 12 Feb 2025, 16:41:41 UTC
Prior SEC filing: 14 Aug 2024
Next SEC filing: 28 Jul 2026
Source filing: View source filing
Reporting owner signature: /s/ Jonathan Law, Managing Director, Corporate & Investments Compliance

Key filing fact

Teachers Pension Plan Board Ontario filed Form 4 for VIASAT INC (VSAT) on 12 Feb 2025.

Key facts

This page summarizes Teachers Pension Plan Board Ontario's Form 4 filing for VIASAT INC (VSAT).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 12 Feb 2025, 16:41.

Change

Previous filing in this sequence was filed on 14 Aug 2024.
Current net transaction value: -$33,750,000.

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

Common Stock

Sale

Transaction value: $33,750,000
Shares: -3,750,000
Change %: -44%
Price: $9.00
Shares after: 4,795,334
Date: 10 Feb 2025
Ownership: Direct
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The reported securities were sold in a block sale at a per share price of $9.

Footnote F2

The reported securities are owned by Ontario Teachers' Pension Plan Board ("OTPP"). OTPP has delegated to each of Messrs. Inaki Echave, Eric Hargrave and Jonathan Mendonca the authority to implement disposition decisions with respect to shares held by OTPP; however, approval of such decisions is made by senior personnel within the private capital group of OTPP in accordance with internal portfolio guidelines. As such, each of Messrs. Echave, Hargrave and Mendonca expressly disclaims beneficial ownership of such shares.

SEC remarks

OTPP is party to a Stockholders Agreement with Viasat, Inc. (the "Issuer") and certain stockholders of the Issuer, and a Coordination Agreement with certain stockholders of the Issuer. As a result of such agreements, the Reporting Person may be deemed to be a member of a "group" as defined in Rule 13d-5 of the Securities Exchange Act of 1934, as amended, with certain other stockholders. The Reporting Person disclaims beneficial ownership of any securities of the Issuer owned by any member of such group, other than the securities reported in Table 1 of this Form 4.