Form 4 for VIAV VIAVI SOLUTIONS INC.
Accepted 2023-09-28 00:00:00 ET · period of report 2023-09-26 · accession 0001127602-23-024829 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-09-28 | 2023-09-26 | VIAV | Derksen Henk | EVP, CFO | F - Tax | $8.88 | -10.5K | 111.2K | -9% | -$93.6K |
| DM | 2023-09-28 | 2023-09-26 | VIAV | Derksen Henk | EVP, CFO | M - OptEx | $0.00 | +52.2K | 116.2K | +82% | $0 |
| DM | 2023-09-28 | 2023-09-26 | VIAV | Derksen Henk | EVP, CFO | M - OptEx | $0.00 | -52.2K | 45.8K | -53% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-09-26 | F | D | 5,593 | $8.88 | 118,999 | D | — | — | |
| 2 | Common | Common Stock | 2023-09-26 | M | A | 13,363 | $0.00 | 124,592 | D | — | — | |
| 3 | Common | Common Stock | 2023-09-26 | M | A | 27,031 | $0.00 | 146,030 | D | — | — | |
| 4 | Common | Common Stock | 2023-09-26 | M | A | 11,813 | $0.00 | 116,173 | D | — | — | |
| 5 | Common | Common Stock | 2023-09-26 | F | D | 4,944 | $8.88 | 111,229 | D | — | — | |
| 6 | Derivative | Market Stock Units | 2023-09-26 | M | D | 11,813 | $0.00 | 9,885 | D | $0.00 · — to — | 11,813 Common Stock | (F3) Shares reflect the vesting of the 2nd tranche of market-leveraged stock units granted on August 28, 2021 at 119.50% of target based on our total stockholder return during the performance periods as stated on the grant agreement. (F4) There are no expiration dates on MSUs. |
| 7 | Derivative | Market Stock Units | 2023-09-26 | M | D | 13,363 | $0.00 | 46,620 | D | $0.00 · — to — | 13,363 Common Stock | (F5) Shares reflect the vesting of the 1st tranche of market-leveraged stock units granted on August 28, 2022 at 57.33% of target based on our total stockholder return during the performance periods as stated on the grant agreement. (F4) There are no expiration dates on MSUs. |
| 8 | Derivative | Market Stock Units | 2023-09-26 | M | D | 27,031 | $0.00 | 45,815 | D | $0.00 · — to — | 27,031 Common Stock | (F6) Represents the market stock units granted on May 28, 2021, which reflect the satisfaction of performance metrics. The market stock units vest on May 28, 2024 subject to continued service. Mr. Derksen has announced his intent to resign from the company as of September 30, 2023. Accordingly, this award will be forfeited upon his termination. (F4) There are no expiration dates on MSUs. |