ROBERT W. JOHNSON - 02 Sep 2021 Form 4 Insider Report for VIASAT INC (VSAT)

Role
Director
Signature
Kathleen K. Hollenbeck, Attorney-in-Fact
Issuer symbol
VSAT
Transactions as of
02 Sep 2021
Transactions value $
$0
Form type
4
Filing time
07 Sep 2021, 13:27:31 UTC
Previous filing
24 May 2021
Next filing
12 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VSAT $.0001 par value common stock Options Exercise $0 +1,600 $0 1,600 03 Sep 2021 Direct
transaction VSAT $.0001 par value common stock Gift $0 -1,600 -100% $0* 0 03 Sep 2021 Direct F1
transaction VSAT $.0001 par value common stock Gift $0 +1,600 +0.24% $0 681,696 03 Sep 2021 By Trust
holding VSAT $.0001 par value common stock 5,000 02 Sep 2021 By son
holding VSAT $.0001 par value common stock 5,000 02 Sep 2021 By son

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 VSAT common stock option (right to buy) Award $0 +5,000 $0 5,000 02 Sep 2021 common stock 5,000 $52.15 Direct F2
transaction VSAT restricted stock unit Award $0 +1,600 $0 1,600 02 Sep 2021 common stock 1,600 Direct F3, F4, F5
transaction VSAT restricted stock unit Options Exercise $0 -1,600 -100% $0* 0 03 Sep 2021 common stock 1,600 $0 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock unit was granted to Robert W. Johnson, a director of Viasat, Inc. Upon vesting the shares were contributed to the Robert W. Johnson Revocable Trust dated 08/13/1992.
F2 The option vests on September 2, 2022.
F3 Each restricted stock unit represents a contingent right to receive one share of Viasat,Inc. common stock.
F4 Subject to the reporting person's continued service as a Director of the Issuer, this award will vest and convert into shares of common stock of the Issuer on September 2, 2022.
F5 Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of the directorship with the Issuer.