4//SEC Filing
Derksen Henk 4
Accession 0001127602-23-024829
CIK 0000912093other
Filed
Sep 27, 8:00 PM ET
Accepted
Sep 28, 4:34 PM ET
Size
18.0 KB
Accession
0001127602-23-024829
Insider Transaction Report
Form 4
Derksen Henk
EVP, CFO
Transactions
- Exercise/Conversion
Common Stock
2023-09-26+13,363→ 124,592 total - Exercise/Conversion
Common Stock
2023-09-26+27,031→ 146,030 total - Exercise/Conversion
Market Stock Units
2023-09-26−11,813→ 9,885 totalExercise: $0.00→ Common Stock (11,813 underlying) - Exercise/Conversion
Market Stock Units
2023-09-26−27,031→ 45,815 totalExercise: $0.00→ Common Stock (27,031 underlying) - Tax Payment
Common Stock
2023-09-26$8.88/sh−4,944$43,903→ 111,229 total - Tax Payment
Common Stock
2023-09-26$8.88/sh−5,593$49,666→ 118,999 total - Exercise/Conversion
Common Stock
2023-09-26+11,813→ 116,173 total - Exercise/Conversion
Market Stock Units
2023-09-26−13,363→ 46,620 totalExercise: $0.00→ Common Stock (13,363 underlying)
Footnotes (6)
- [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 market stock award. The amount retained by the Company was not in excess of the amount of the tax liability.
- [F3]Shares reflect the vesting of the 2nd tranche of market-leveraged stock units granted on August 28, 2021 at 119.50% of target based on our total stockholder return during the performance periods as stated on the grant agreement.
- [F4]There are no expiration dates on MSUs.
- [F5]Shares reflect the vesting of the 1st tranche of market-leveraged stock units granted on August 28, 2022 at 57.33% of target based on our total stockholder return during the performance periods as stated on the grant agreement.
- [F6]Represents the market stock units granted on May 28, 2021, which reflect the satisfaction of performance metrics. The market stock units vest on May 28, 2024 subject to continued service. Mr. Derksen has announced his intent to resign from the company as of September 30, 2023. Accordingly, this award will be forfeited upon his termination.
Documents
Issuer
VIAVI SOLUTIONS INC.
CIK 0000912093
Entity typeother
Related Parties
1- filerCIK 0001480409
Filing Metadata
- Form type
- 4
- Filed
- Sep 27, 8:00 PM ET
- Accepted
- Sep 28, 4:34 PM ET
- Size
- 18.0 KB