Lippert Keven K 4
4 · VIASAT INC · Filed Nov 20, 2023
Insider Transaction Report
Form 4
VIASAT INCVSAT
Lippert Keven K
Vice President General Counsel
Transactions
- Exercise/Conversion
restricted stock unit
2023-11-17−3,480→ 0 totalExercise: $0.00→ common stock (3,480 underlying) - Exercise/Conversion
restricted stock unit
2023-11-17−4,456→ 4,456 totalExercise: $0.00→ common stock (4,456 underlying) - Tax Payment
$.0001 par value common stock
2023-11-17$19.52/sh−3,893$75,991→ 7,386 total - Exercise/Conversion
restricted stock unit
2023-11-17−3,319→ 6,637 totalExercise: $0.00→ common stock (3,319 underlying) - Sale
$.0001 par value common stock
2023-11-16$19.58/sh−6,200$121,396→ 24 total - Exercise/Conversion
$.0001 par value common stock
2023-11-17+11,255→ 11,279 total
Holdings
- 2,613(indirect: By 401(k))
$.0001 par value common stock
Footnotes (6)
- [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]Includes 58 shares of common stock the reporting person acquired under the Viasat 401(k) Plan since the date of reporting person's last ownership report.
- [F3]The original restricted stock unit grant was for 13,922 restricted stock units on 11/15/2019. 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.
- [F4]Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.
- [F5]The original restricted stock unit grant was for 17,825 restricted stock units on 11/17/2020. 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.
- [F6]The original restricted stock unit grant was for 14,253 restricted stock units on 11/17/2021. 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.