VIAVI SOLUTIONS INC. 4
4 · VIAVI SOLUTIONS INC. · Filed Nov 23, 2016
Insider Transaction Report
Form 4
Joannou Dion
SVP Global Sales NSE
Transactions
- Sale
Common Stock
2016-11-22$7.89/sh+3,163$24,956→ 0 total - Exercise/Conversion
Common Stock
2016-11-21+4,355→ 4,355 total - Exercise/Conversion
Restricted Stock Unit
2016-11-21−4,355→ 30,485 totalExercise: $0.00From: 2016-11-21→ Common Stock (4,355 underlying) - Tax Payment
Common Stock
2016-11-21$7.94/sh−1,192$9,464→ 3,163 total
Footnotes (4)
- [F1]Each 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 restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability.
- [F3]Shares were sold pursuant to a Rule 10b5-1 Stock Trading Plan.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.81to $7.92 inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes to this Form 4.