OLEG KHAYKIN - 28 Aug 2022 Form 4 Insider Report for VIAVI SOLUTIONS INC. (VIAV)

Role
President & CEO
Signature
/s/ Donna T. Rossi, attorney-in-fact
Issuer symbol
VIAV
Transactions as of
28 Aug 2022
Net transactions value
-$1,121,005
Form type
4
Filing time
30 Aug 2022, 18:21:24 UTC
Previous filing
05 Jul 2022
Next filing
26 Sep 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 +16,277 +2.2% $0.000000 758,913 28 Aug 2022 Direct F1
transaction VIAV Common Stock Tax liability $105,284 -7,236 -0.95% $14.55 751,677 28 Aug 2022 Direct F2
transaction VIAV Common Stock Options Exercise $0 +87,851 +12% $0.000000 839,528 28 Aug 2022 Direct F1
transaction VIAV Common Stock Tax liability $568,178 -39,050 -4.7% $14.55 800,478 28 Aug 2022 Direct F2
transaction VIAV Common Stock Options Exercise $0 +69,197 +8.6% $0.000000 869,675 28 Aug 2022 Direct F1
transaction VIAV Common Stock Tax liability $447,543 -30,759 -3.5% $14.55 838,916 28 Aug 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 -16,277 -100% $0.000000* 0 28 Aug 2022 Common Stock 16,277 $0.000000 Direct F1, F3, F4
transaction VIAV Restricted Stock Units Options Exercise $0 -87,851 -50% $0.000000 87,852 28 Aug 2022 Common Stock 87,851 $0.000000 Direct F1, F4, F5
transaction VIAV Restricted Stock Units Options Exercise $0 -69,197 -33% $0.000000 138,394 28 Aug 2022 Common Stock 69,197 $0.000000 Direct F1, F4, F5
* 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
F5 Units subject to the Award shall vest annually in three equal installments over three years.