Kevin Christopher Siebert - 28 Feb 2022 Form 4 Insider Report for VIAVI SOLUTIONS INC. (VIAV)

Role: SVP Gen. Counsel & Secretary
Signature: /s/ Donna T. Rossi, attorney-in-fact
Issuer symbol: VIAV
Transactions as of: 28 Feb 2022
Net transactions value: -$12,169
Form type: 4
Filing time: 02 Mar 2022, 18:09:52 UTC
Previous filing: 02 Dec 2021
Next filing: 04 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VIAV	Common Stock	Options Exercise	$0	+2,094	+4.4%	$0.000000	49,209	28 Feb 2022	Direct	F1
transaction	VIAV	Common Stock	Tax liability	$12,169	-742	-1.5%	$16.40	48,467	28 Feb 2022	Direct	F2

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	VIAV	Restricted Stock Units	Options Exercise	$0	-2,094	-33%	$0.000000	4,188	28 Feb 2022	Common Stock	2,094	$0.000000	Direct	F1, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each unit converts upon vesting into one share of common stock.
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 restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability.
F3	1/3 of the Units subject to the Award shall vest on the first anniversary of the grant date and the remaining shares vest quarterly in eight equal installments over the following two years.
F4	There are no expiration dates on RSUs