LAY B ALLEN 4
4 · VIASAT INC · Filed Sep 5, 2019
Insider Transaction Report
Form 4
VIASAT INCVSAT
LAY B ALLEN
Director
Transactions
- Exercise/Conversion
$.0001 par value common stock
2019-09-04+1,600→ 1,600 total - Exercise/Conversion
restricted stock unit
2019-09-04−1,600→ 0 totalExercise: $0.00From: 2019-09-04→ common stock (1,600 underlying) - Gift
$.0001 par value common stock
2019-09-04+1,600→ 307,813 total(indirect: See footnote) - Gift
$.0001 par value common stock
2019-09-04−1,600→ 0 total
Footnotes (3)
- [F1]The restricted stock unit was granted to B. Allen Lay, a director of Viasat, Inc. Upon vesting the shares were contributed to The Lay Living Trust.
- [F2]186,026 shares are held by Lay Ventures, L.P. Mr. Lay and his wife are general partners of Lay Ventures, L.P. In addition, Mr. Lay and his wife are the trustees of The Lay Living Trust which holds 121,787 shares. The Lay Living Trust owns a 2% interest in Lay Ventures, L.P. Mr. Lay disclaims beneficial ownership of the shares held by Lay Ventures, L.P. except to the extent of his pecuniary interest therein.
- [F3]Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of the directorship with the Issuer.