4//SEC Filing
DANKBERG MARK D 4
Accession 0000950170-25-084328
CIK 0000797721other
Filed
Jun 9, 8:00 PM ET
Accepted
Jun 10, 4:15 PM ET
Size
20.1 KB
Accession
0000950170-25-084328
Insider Transaction Report
Form 4
VIASAT INCVSAT
DANKBERG MARK D
DirectorChairman and CEO
Transactions
- Gift
$.0001 par value common stock
2025-06-07+25,815→ 1,709,171 total(indirect: By Trust) - Exercise/Conversion
restricted stock unit
2025-06-07−21,011→ 42,021 totalExercise: $0.00→ common stock (21,011 underlying) - Tax Payment
$.0001 par value common stock
2025-06-07$9.21/sh−18,809$173,231→ 25,815 total - Gift
$.0001 par value common stock
2025-06-07−25,815→ 0 total - Award
restricted stock unit
2025-05-14+104,780→ 104,780 totalExercise: $0.00→ common stock (104,780 underlying) - Tax Payment
$.0001 par value common stock
2025-06-07$9.21/sh−11,315$104,211→ 9,696 total - Exercise/Conversion
restricted stock unit
2025-06-07−34,928→ 69,852 totalExercise: $0.00→ common stock (34,928 underlying) - Exercise/Conversion
$.0001 par value common stock
2025-06-07+21,011→ 21,011 total - Exercise/Conversion
$.0001 par value common stock
2025-06-07+34,928→ 44,624 total
Holdings
- 5,896(indirect: By 401(k))
$.0001 par value common stock
Footnotes (7)
- [F1]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.
- [F2]The restricted stock unit was granted to Mark Dankberg, an officer of Viasat, Inc. Upon vesting the shares were contributed to The Dankberg Family Trust.
- [F3]Includes 1743 shares of common stock the Reporting Person acquired under the Viasat 401(k) Plan since the date of the Reporting Person's last ownership report.
- [F4]The original restricted stock unit grant was for 84,043 units on 06/07/2023. Subject to the reporting persons election to defer the receipt of the common stock, the units vest and convert into shares of common stock (on a 1 for 1 basis) at the rate of 1/4 on the 13th month anniversary of the grant date and 1/4 on each of the second, third and fourth anniversary of the grant date.
- [F5]Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.
- [F6]On June 7, 2024 the reporting person was granted an award of performance-based restricted stock units, which vest based upon the Issuer's performance against certain financial performance goals for the 2025 fiscal year, subject to continued time-based vesting. On May 14, 2025, the Compensation and Human Resources Committee of the Issuer's Board of Directors determined that the financial performance goals had been met.
- [F7]The restricted stock units vest in three substantially equal annual installments beginning on June 7, 2025.
Documents
Issuer
VIASAT INC
CIK 0000797721
Entity typeother
Related Parties
1- filerCIK 0001033482
Filing Metadata
- Form type
- 4
- Filed
- Jun 9, 8:00 PM ET
- Accepted
- Jun 10, 4:15 PM ET
- Size
- 20.1 KB