Kevin Christopher Siebert - 28 May 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 May 2022
Net transactions value
-$71,419
Form type
4
Filing time
30 Aug 2023, 18:43:56 UTC
Previous filing
04 Mar 2022
Next filing
03 Jun 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 +8,158 +15% $0.000000 62,679 28 Aug 2023 Direct F1
transaction VIAV Common Stock Tax liability $25,076 -2,456 -3.9% $10.21 60,223 28 Aug 2023 Direct F2
transaction VIAV Common Stock Options Exercise $0 +6,920 +11% $0.000000 67,143 28 Aug 2023 Direct F1
transaction VIAV Common Stock Tax liability $21,267 -2,083 -3.1% $10.21 65,060 28 Aug 2023 Direct F2
transaction VIAV Common Stock Options Exercise $0 +8,159 +13% $0.000000 73,219 28 Aug 2023 Direct F1
transaction VIAV Common Stock Tax liability $25,076 -2,456 -3.4% $10.21 70,763 28 Aug 2023 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 Unit Award $0 +31,818 $0.000000 31,818 28 Aug 2023 Common Stock 31,818 $0.000000 Direct F3, F4
transaction VIAV Market Stock Units Award $0 +31,818 $0.000000 31,818 28 Aug 2023 Common Stock 31,818 $0.000000 Direct F5, F6
transaction VIAV Restricted Stock Units Options Exercise $0 -8,158 -100% $0.000000* 0 28 Aug 2023 Common Stock 8,158 $0.000000 Direct F1, F3, F4
transaction VIAV Restricted Stock Units Options Exercise $0 -6,920 -50% $0.000000 6,920 28 Aug 2023 Common Stock 6,920 $0.000000 Direct F1, F3, F4
transaction VIAV Restricted Stock Unit Options Exercise $0 -8,159 -33% $0.000000 16,316 28 Aug 2023 Common Stock 8,159 $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 stock 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 Units subject to the Award shall vest annually in thee equal installments over three years.
F4 There are no expiration dates on RSUs
F5 See Exhibit 99 - FY2024 MSU for vesting schedule and terms
F6 There are no expiration dates on MSUs.