Bridenstine James Frederick 4
4 · VIASAT INC · Filed Apr 4, 2023
Insider Transaction Report
Form 4
VIASAT INCVSAT
Bridenstine James Frederick
Director
Transactions
- Exercise/Conversion
restricted stock unit
2023-03-31−1,000→ 1,000 totalExercise: $0.00→ common stock (1,000 underlying) - Exercise/Conversion
$.0001 par value common stock
2023-03-31+1,000→ 3,600 total(indirect: By Trust)
Footnotes (2)
- [F1]The original grant on 03/31/2021 was for 3,000 restricted stock units. Subject to the reporting person's continued service as a director of the Issuer, the units vest and convert into shares of common stock (on a 1 for 1 basis) at a rate of 1/3 on the first anniversary of the grant date; 1/3 of the second anniversary of the grant date; and 1/3 on the third anniversary of the grant date.
- [F2]Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of the directorship with the Issuer.