Form 4 for VSAT VIASAT INC
Accepted 2023-11-21 00:00:00 ET · period of report 2023-10-09 · accession 0001209191-23-056232 · 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 | DANKBERG MARK D | COB, CEO, Dir | G - Gift | $0.00 | -26.7K | 0 | -100% | $0 |
| DI | 2023-11-21 | 2023-11-17 | VSAT | DANKBERG MARK D | COB, CEO, Dir | G - Gift | $0.00 | +26.7K | 1.65M | +2% | $0 |
| D | 2023-11-21 | 2023-11-17 | VSAT | DANKBERG MARK D | COB, CEO, Dir | F - Tax | $19.52 | -29.6K | 26.7K | -53% | -$578.6K |
| D | 2023-11-21 | 2023-11-17 | VSAT | DANKBERG MARK D | COB, CEO, Dir | M - OptEx | $0.00 | +56.3K | 56.3K | New | $0 |
| DM | 2023-11-21 | 2023-11-17 | VSAT | DANKBERG MARK D | COB, CEO, Dir | M - OptEx | $0.00 | -56.3K | 20.1K | -74% | $0 |
| D | 2023-11-21 | 2023-10-09 | VSAT | DANKBERG MARK D | COB, CEO, Dir | A - Grant | $0.00 | +150.0K | 150.0K | 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 | G | D | 26,655 | $0.00 | 0 | D | — | — | |
| 2 | Common | $.0001 par value common stock | 2023-11-17 | G | A | 26,655 | $0.00 | 1,654,645 | I | — | — | |
| 3 | Common | $.0001 par value common stock | 2023-11-17 | F | D | 29,642 | $19.52 | 26,655 | D | — | — | |
| 4 | Common | $.0001 par value common stock | 2023-11-17 | M | A | 56,297 | $0.00 | 56,297 | D By Trust | — | — | |
| 5 | Derivative | restricted stock unit | 2023-11-17 | M | D | 21,018 | $0.00 | 42,035 | D | $0.00 · — to — | 21,018 common stock | (F8) The original restricted stock unit grant was for 88,518 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 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. |
| 6 | Derivative | restricted stock unit | 2023-11-17 | M | D | 15,227 | $0.00 | 0 | D | $0.00 · — to — | 15,227 common stock | (F5) The original restricted stock unit grant was for 60,908 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 (on a 1-for-1 basis) 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. (F6) Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer. |
| 7 | Derivative | employee stock option (right to buy) | 2023-10-09 | A | A | 150,000 | $0.00 | 150,000 | D | $15.96 · — to 2029-10-09 | 150,000 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). |
| 8 | Derivative | restricted stock unit | 2023-11-17 | M | D | 20,052 | $0.00 | 20,052 | D | $0.00 · — to — | 20,052 common stock | (F7) The original restricted stock unit grant was for 80,208 units on 11/17/2020. Subject to the reporting person's election to defer the receipt of common stock, the units vest and convert into shares of common stock (on a 1-for-1 basis) 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. (F6) Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer. |