4//SEC Filing
NATHAN KRISHNA 4
Accession 0001209191-23-056271
CIK 0000797721other
Filed
Nov 20, 7:00 PM ET
Accepted
Nov 21, 4:31 PM ET
Size
15.1 KB
Accession
0001209191-23-056271
Insider Transaction Report
Form 4
VIASAT INCVSAT
NATHAN KRISHNA
Chief Information Officer
Transactions
- Tax Payment
$.0001 par value common stock
2023-11-17$19.52/sh−475$9,272→ 8,366 total - Award
employee stock option (right to buy)
2023-10-09+43,500→ 43,500 totalExercise: $15.96Exp: 2029-10-09→ common stock (43,500 underlying) - Exercise/Conversion
$.0001 par value common stock
2023-11-17+8,841→ 8,841 total - Exercise/Conversion
restricted stock unit
2023-11-17−5,080→ 5,080 totalExercise: $0.00→ common stock (5,080 underlying) - Exercise/Conversion
restricted stock unit
2023-11-17−3,761→ 7,522 totalExercise: $0.00→ common stock (3,761 underlying)
Holdings
- 42,997(indirect: By Spouse)
$.0001 par value common stock
Footnotes (5)
- [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 option becomes exercisable, if at all, based on both time-based vesting (in three increments equal to 33% of the total shares on each of the first three anniversary dates of the grant date) and performance-based vesting (if the average daily closing price of Viasat's common stock over any 45-day period during the three year period following the grant date exceeds certain stock price hurdles of $30.00 or above).
- [F3]The original restricted stock unit grant was for 20,320 restricted stock units on 11/17/2020. Subject to the reporting person's continued employment with the Issuer, the units vest and convert into shares of common stock (on a 1-for-1 basis) in four (4) equal annual installments beginning on 11/17/2021.
- [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 15,045 restricted stock units on 11/17/2021. Subject to the Reporting Person's election to defer the receipt of common stock, the units vest and convert into shares of common stock of the Issuer over a four year period commencing on 12/17/2022 and ending on 11/17/2025.
Documents
Issuer
VIASAT INC
CIK 0000797721
Entity typeother
Related Parties
1- filerCIK 0001672387
Filing Metadata
- Form type
- 4
- Filed
- Nov 20, 7:00 PM ET
- Accepted
- Nov 21, 4:31 PM ET
- Size
- 15.1 KB