TRITON LUXTOPHOLDING SARL - 10 Feb 2025 Form 4 Insider Report for VIASAT INC (VSAT)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
12 Feb 2025, 17:18:53 UTC
Prior SEC filing
14 Aug 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Triton LuxTopHolding SARL, By: /s/ Maxime Donneau, Name: Maxime Donneau, Title: Class A Manager, By: /s/ Gonzague de Lhoneux, Name: Gonzague de Lhoneux, Title: Class B Manager

Key filing fact

TRITON LUXTOPHOLDING SARL filed Form 4 for VIASAT INC (VSAT) on 12 Feb 2025.

Key facts

  • This page summarizes TRITON LUXTOPHOLDING SARL's Form 4 filing for VIASAT INC (VSAT).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 12 Feb 2025, 17:18.

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, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The shares of common stock of Viasat, Inc. (the "Issuer"), par value $0.0001 per share (the "Common Stock"), were sold in a block sale at a per share price of $9.00.

Footnote F2

Reflects Common Stock directly held by Triton LuxTopHolding SARL ("Triton LuxTop"). The shareholders of Triton LuxTop are Triton Lux EquityCo SARL and Connect Syndication L.P. Apax IX GP Co. Limited ("Apax IX"), in its capacity as ultimate general partner of the Apax IX Fund (as defined herein), is the sole shareholder of Triton Lux EquityCo SARL. Apax IX is also the sole shareholder of Connect Syndication GP Co. Limited, the General Partner of Connect Syndication L.P.

Footnote F3

Apax IX is the investment manager of each of Apax IX EUR L.P., Apax IX EUR Co-Investment L.P., Apax IX USD L.P. and Apax IX USD Co-Investment L.P. (together the "Apax IX Fund") and is controlled by a board of directors consisting of Elizabeth Burne, Simon Cresswell, Andrew Guille, Martin Halusa, Paul Meader and Jeremy Latham.

Footnote F4

Each of the Reporting Persons, the Apax IX Fund and the foregoing board members disclaim their beneficial ownership of such shares of Common Stock except to the extent of a pecuniary interest held therein.

SEC remarks

Triton LuxTop is party to a Stockholders Agreement with 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 Persons 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 Persons disclaim 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.

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