4//SEC Filing
Palmer Benjamin Edward 4
Accession 0000950170-25-084360
CIK 0000797721other
Filed
Jun 9, 8:00 PM ET
Accepted
Jun 10, 4:26 PM ET
Size
16.2 KB
Accession
0000950170-25-084360
Insider Transaction Report
Form 4
VIASAT INCVSAT
Palmer Benjamin Edward
President, Maritime
Transactions
- Exercise/Conversion
$.0001 par value common stock
2025-06-07+8,334→ 29,065 total - Award
restricted stock unit
2025-05-14+18,750→ 18,750 totalExercise: $0.00→ common stock (18,750 underlying) - Tax Payment
$.0001 par value common stock
2025-06-07$9.21/sh−3,917$36,076→ 25,148 total - Exercise/Conversion
$.0001 par value common stock
2025-06-07+6,251→ 31,399 total - Tax Payment
$.0001 par value common stock
2025-06-07$9.21/sh−2,938$27,059→ 28,461 total - Exercise/Conversion
restricted stock unit
2025-06-07−8,334→ 16,666 totalExercise: $0.00→ common stock (8,334 underlying) - Exercise/Conversion
restricted stock unit
2025-06-07−6,251→ 12,499 totalExercise: $0.00→ common stock (6,251 underlying)
Footnotes (5)
- [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 original restricted stock unit grant was for 25,000 units on 06/07/2024. The units vest and convert into shares of common stock (on a 1-for-1 basis) at the rate of 1/3 on the first anniversary of the grant date; 1/3 on the second anniversary of the grant date; and 1/3 on the third anniversary of the grant date
- [F3]Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.
- [F4]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.
- [F5]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 0001992819
Filing Metadata
- Form type
- 4
- Filed
- Jun 9, 8:00 PM ET
- Accepted
- Jun 10, 4:26 PM ET
- Size
- 16.2 KB