Kimbro Melinda Michele 4
4 · VIASAT INC · Filed Nov 20, 2020
Insider Transaction Report
Form 4
VIASAT INCVSAT
Del Toro Melinda Michele
Vice President Human Resources
Transactions
- Exercise/Conversion
$.0001 par value common stock
2020-11-19+1,875→ 9,020 total - Tax Payment
$.0001 par value common stock
2020-11-19$34.99/sh−988$34,570→ 8,032 total - Exercise/Conversion
restricted stock unit
2020-11-19−1,875→ 3,750 totalExercise: $0.00→ common stock (1,875 underlying)
Holdings
- 836(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 7,500 restricted stock units on 11/19/2018. 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.