Gary W. Staley - 28 Aug 2024 Form 4 Insider Report for VIAVI SOLUTIONS INC. (VIAV)

Role
SVP Global Sales NSE
Signature
/s/ Donna T. Rossi, attorney-in-fact
Issuer symbol
VIAV
Transactions as of
28 Aug 2024
Net transactions value
-$122,596
Form type
4
Filing time
30 Aug 2024, 13:30:24 UTC
Previous filing
02 Oct 2023
Next filing
26 Sep 2024
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 +9,885 +9.1% $0.000000 118,752 28 Aug 2024 Direct F1
transaction VIAV Common Stock Tax liability $33,026 -3,890 -3.3% $8.49 114,862 28 Aug 2024 Direct F2
transaction VIAV Common Stock Options Exercise $0 +11,655 +10% $0.000000 126,517 28 Aug 2024 Direct F1
transaction VIAV Common Stock Tax liability $38,944 -4,587 -3.6% $8.49 121,930 28 Aug 2024 Direct F2
transaction VIAV Common Stock Options Exercise $0 +15,152 +12% $0.000000 137,082 28 Aug 2024 Direct F1
transaction VIAV Common Stock Tax liability $50,626 -5,963 -4.3% $8.49 131,119 28 Aug 2024 Direct F2, F3

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 -9,885 -100% $0.000000 0 28 Aug 2024 Common Stock 9,885 $0.000000 Direct F1, F4, F5
transaction VIAV Restricted Stock Unit Options Exercise $0 -11,655 -50% $0.000000 11,655 28 Aug 2024 Common Stock 11,655 $0.000000 Direct F1, F4, F5
transaction VIAV Restricted Stock Unit Options Exercise $0 -15,152 -33% $0.000000 30,302 28 Aug 2024 Common Stock 15,152 $0.000000 Direct F1, F4, F5
transaction VIAV Market Stock Units Award $0 +66,137 $0.000000 66,137 28 Aug 2024 Common Stock 66,137 $0.000000 Direct F6, F7
transaction VIAV Restricted Stock Unit Award $0 +66,137 $0.000000 66,137 28 Aug 2024 Common Stock 66,137 $0.000000 Direct F5, F8
* 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 Total includes 1,122 shares purchased pursuant to the ESPP plan.
F4 Units subject to the Award shall vest annually in three equal installments over three years.
F5 There are no expiration dates on RSUs.
F6 See Exhibit 99 - FY25 MSU for vesting schedule and terms.
F7 There are no expiration dates on MSUs.
F8 Units subject to the Award shall vest annually in three equal installments.