Dirks Bruce Leroy 4
4 · VIASAT INC · Filed Dec 19, 2018
Insider Transaction Report
Form 4
VIASAT INCVSAT
Dirks Bruce Leroy
Chief Financial Officer
Transactions
- Tax Payment
$.0001 par value common stock
2018-12-17$62.43/sh−769$48,009→ 26,855 total - Exercise/Conversion
restricted stock unit
2018-12-17−1,459→ 4,374 totalExercise: $0.00→ common stock (1,459 underlying) - Exercise/Conversion
$.0001 par value common stock
2018-12-17+1,459→ 27,624 total
Holdings
- 830(indirect: By 401(k))
$.0001 par value common stock
Footnotes (3)
- [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 5,833 restricted stock units on 11/17/2017. Subject to the Reporting Person's 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; 1/4 on the second anniversary of the grant date; 1/4 on the third anniversary and 1/4 on the fourth 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.