4//SEC Filing
DANKBERG MARK D 4
Accession 0001193125-25-288410
CIK 0000797721other
Filed
Nov 18, 7:00 PM ET
Accepted
Nov 19, 5:53 PM ET
Size
15.1 KB
Accession
0001193125-25-288410
Insider Transaction Report
Form 4
VIASAT INCVSAT
DANKBERG MARK D
DirectorChairman and CEO
Transactions
- Exercise/Conversion
$.0001 par value common stock
2025-11-17+21,017→ 21,017 total - Gift
$.0001 par value common stock
2025-11-17+9,699→ 1,740,361 total(indirect: By Trust) - Exercise/Conversion
restricted stock unit
2025-11-17−21,017→ 0 totalExercise: $0.00→ common stock (21,017 underlying) - Award
common stock option (right to buy)
2025-11-18+17,122→ 17,122 totalExercise: $53.43Exp: 2027-11-17→ common stock (17,122 underlying) - Tax Payment
$.0001 par value common stock
2025-11-17$33.36/sh−11,318$377,568→ 9,699 total - Gift
$.0001 par value common stock
2025-11-17−9,699→ 0 total
Holdings
- 5,896(indirect: By 401(k))
$.0001 par value common stock
Footnotes (6)
- [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]The original restricted stock unit grant was for 88,518 units on 11/17/2021. Subject to the Reporting Person's election to defer the receipt of common stock, the units vest and convert into shares of common stock over a four year period commencing on 12/17/2022 and ending on 11/17/2025.
- [F4]Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.
- [F5]On November 17, 2021 the reporting person was granted an award of performance-based stock options, which vested based upon the Issuer's total shareholder return ("TSR") relative to the TSRs of the Issuer's peer companies over a four-year performance period (the "Relative TSR"). On November 18, 2025, the Compensation and Human Resources Committee of the Issuer's Board of Directors certified the Issuer's Relative TSR performance, resulting in the vesting of this award.
- [F6]The stock option is fully vested and currently exercisable.
Documents
Issuer
VIASAT INC
CIK 0000797721
Entity typeother
Related Parties
1- filerCIK 0001033482
Filing Metadata
- Form type
- 4
- Filed
- Nov 18, 7:00 PM ET
- Accepted
- Nov 19, 5:53 PM ET
- Size
- 15.1 KB