Form 4 for VSAT VIASAT INC
Accepted 2023-11-21 00:00:00 ET · period of report 2023-10-09 · accession 0001209191-23-056220 · 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 | 2023-11-21 | 2023-11-17 | VSAT | Blair Robert James | Senior VP, Sec | M - OptEx | $0.00 | +9,828 | 51.1K | +24% | $0 |
| D | 2023-11-21 | 2023-11-17 | VSAT | Blair Robert James | Senior VP, Sec | F - Tax | $19.52 | -3,400 | 47.7K | -7% | -$66.4K |
| DM | 2023-11-21 | 2023-11-17 | VSAT | Blair Robert James | Senior VP, Sec | M - OptEx | $0.00 | -9,828 | 6,637 | -60% | $0 |
| D | 2023-11-21 | 2023-10-09 | VSAT | Blair Robert James | Senior VP, Sec | A - Grant | $0.00 | +50.0K | 50.0K | 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 | 2023-11-17 | M | A | 9,828 | $0.00 | 51,124 | D | — | — | (F1) Includes 595 shares purchased under the Viasat Employee Stock Purchase Plan on 01/31/2023 and 419 shares purchased on 07/31/2023. |
| 2 | Common | $.0001 par value common stock | 2023-11-17 | F | D | 3,400 | $19.52 | 47,724 | D | — | — | |
| 3 | Derivative | restricted stock unit | 2023-11-17 | M | D | 3,899 | $0.00 | 3,899 | D | $0.00 · — to — | 3,899 common stock | (F7) The original restricted stock unit grant was for 15,597 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) 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 | 2023-11-17 | M | D | 2,610 | $0.00 | 0 | D | $0.00 · — to — | 2,610 common stock | (F5) The original 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 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) 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 | employee stock option (right to buy) | 2023-10-09 | A | A | 50,000 | $0.00 | 50,000 | D | $15.96 · — to 2029-10-09 | 50,000 common stock | (F4) 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). |
| 6 | Derivative | restricted stock unit | 2023-11-17 | M | D | 3,319 | $0.00 | 6,637 | D | $0.00 · — to — | 3,319 common stock | (F8) The original restricted stock unit grant was for 13,809 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. (F6) Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer. |