Gary W. Staley - Feb 28, 2025 Form 4 Insider Report for VIAVI SOLUTIONS INC. (VIAV)

Signature
/s/ Nandini Acharya, attorney-in-fact
Stock symbol
VIAV
Transactions as of
Feb 28, 2025
Transactions value $
-$169,712
Form type
4
Date filed
3/4/2025, 03:44 PM
Previous filing
Sep 26, 2024
Next filing
Sep 2, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VIAV Common Stock Options Exercise $0 +37.5K +26.62% $0.00 178K Feb 28, 2025 Direct F1
transaction VIAV Common Stock Tax liability -$170K -15.2K -8.51% $11.18 163K Feb 28, 2025 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 -37.5K -100% $0.00 0 Feb 28, 2025 Common Stock 37.5K $0.00 Direct F4, F5
* 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 1,799 shares purchased pursuant to the ESPP plan.
F4 Units subject to the Award shall vest on the four year anniversary of the grant date.
F5 There are no expiration dates on RSUs.