Suri Rajeev 4
4 · VIASAT INC · Filed May 31, 2023
Insider Transaction Report
Form 4
VIASAT INCVSAT
Suri Rajeev
Director
Transactions
- Award
stock option, right to buy
2023-05-30+9,000→ 9,000 totalExercise: $45.80Exp: 2029-05-30→ common stock (9,000 underlying) - Award
restricted stock unit
2023-05-30+3,000→ 3,000 total→ common stock (3,000 underlying)
Footnotes (4)
- [F1]The option vests in 3 equal annual installments beginning on May 30, 2024.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock.
- [F3]Subject to the reporting person's continued services as a Director of the Issuer, the units will vest and convert into shares of common stock of the Issuer at a rate of 1/3 on the first anniversary of the grant date; 1/3 on the second anniversary of the grant date and 1/3 on the third anniversary of the grant date.
- [F4]Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of the directorship with the Issuer.