Form 4 for VSAT VIASAT INC
Accepted 2021-11-19 00:00:00 ET · period of report 2021-11-17 · accession 0001209191-21-065948 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-11-19 | 2021-11-17 | VSAT | Chandran Girish | VP, CTO | M - OptEx | $0.00 | +3,861 | 19.9K | +24% | $0 |
| D | 2021-11-19 | 2021-11-17 | VSAT | Chandran Girish | VP, CTO | F - Tax | $53.43 | -2,034 | 17.8K | -10% | -$108.7K |
| DM | 2021-11-19 | 2021-11-17 | VSAT | Chandran Girish | VP, CTO | M - OptEx | $0.00 | -3,861 | 0 | -100% | $0 |
| D | 2021-11-19 | 2021-11-17 | VSAT | Chandran Girish | VP, CTO | A - Grant | $0.00 | +14.2K | 14.2K | New | $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 | $.0001 par value common stock | 2021-11-17 | M | A | 3,861 | $0.00 | 19,882 | D | — | — | |
| 2 | Common | $.0001 par value common stock | 2021-11-17 | F | D | 2,034 | $53.43 | 17,848 | D | — | — | |
| 3 | Derivative | restricted stock unit | 2021-11-17 | M | D | 2,611 | $0.00 | 5,220 | D | $0.00 · — to — | 2,611 common stock | (F7) The original deferred restricted stock unit grant was for 10,442 restricted stock units on 11/15/2019. 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 at a rate of 1/4 on the 13th month anniversary of the grant date; 1/4th on the second anniversary of the grant date; 1/4th on the third anniversary of the grant date and 1/4 on the fourth anniversary of the grant date. (F5) Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer. |
| 4 | Derivative | restricted stock unit | 2021-11-17 | M | D | 1,250 | $0.00 | 0 | D | $0.00 · — to — | 1,250 common stock | (F6) The original restricted stock unit grant was for 5,000 restricted stock units on 11/17/2017. 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. (F5) Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer. |
| 5 | Derivative | restricted stock unit | 2021-11-17 | A | A | 14,160 | $0.00 | 14,160 | D | — · — to — | 14,160 common stock | (F3) Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock. (F4) Subject to the Reporting Person's election to defer the receipt of common stock, the units vest and convert into shares of common stock over a four year period commencing on 12/17/2022 and ending on 11/17/2025. (F5) Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer. |