Palmer Benjamin Edward 4
4 · VIASAT INC · Filed Aug 19, 2024
Insider Transaction Report
Form 4
VIASAT INCVSAT
Palmer Benjamin Edward
President, Maritime
Transactions
- Tax Payment
$.0001 par value common stock
2024-08-17$17.57/sh−2,250$39,533→ 20,331 total - Exercise/Conversion
$.0001 par value common stock
2024-08-17+5,000→ 22,581 total - Exercise/Conversion
restricted stock unit
2024-08-17−5,000→ 15,000 totalExercise: $0.00→ common stock (5,000 underlying)
Footnotes (4)
- [F1]Includes 17,581 shares previously held through Ogier Global Trustee (Jersey), Limited which were distributed to the reporting person on May 30, 2024 and are now directly owned.
- [F2]This entry represents the number of shares of Viasat, Inc. common stock withheld by the Issuer to satisfy the tax withholding obligation of the Reporting Person. These shares were not sold by the Reporting Person but were instead offset from the total number of vested shares received by the Reporting Person from the Issuer.
- [F3]The original award was for 20,000 restricted stock units on 08/17/2023. Subject to the Reporting Person's continued employment with the Issuer, the units vest and convert into shares of common stock of the Issuer (on a 1-for-1 basis) in four (4) equal annual installments beginning on 08/17/2024.
- [F4]Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.