Form 4 for VSAT VIASAT INC
Accepted 2023-11-21 00:00:00 ET · period of report 2023-10-09 · accession 0001209191-23-056249 · 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 | Duffy Shawn Lynn | CFO | F - Tax | $19.52 | -7,847 | 64.8K | -11% | -$153.2K |
| D | 2023-11-21 | 2023-11-17 | VSAT | Duffy Shawn Lynn | CFO | M - OptEx | $0.00 | +14.9K | 72.7K | +26% | $0 |
| D | 2023-11-21 | 2023-10-09 | VSAT | Duffy Shawn Lynn | CFO | A - Grant | $0.00 | +43.5K | 43.5K | New | $0 |
| DM | 2023-11-21 | 2023-11-17 | VSAT | Duffy Shawn Lynn | CFO | M - OptEx | $0.00 | -14.9K | 8,850 | -63% | $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 | F | D | 7,847 | $19.52 | 64,819 | D | — | — | |
| 2 | Common | $.0001 par value common stock | 2023-11-17 | M | A | 14,902 | $0.00 | 72,666 | D | — | — | (F1) Includes 329 shares purchased under the Viasat Employee Stock Purchase Plan on 01/31/2023 and 247 shares purchased on 07/31/2023. |
| 3 | Derivative | employee stock option (right to buy) | 2023-10-09 | A | A | 43,500 | $0.00 | 43,500 | D | $15.96 · — to 2029-10-09 | 43,500 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). |
| 4 | Derivative | restricted stock unit | 2023-11-17 | M | D | 4,350 | $0.00 | 0 | D | $0.00 · — to — | 4,350 common stock | (F5) The original restricted stock unit grant was for 17,403 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 | restricted stock unit | 2023-11-17 | M | D | 6,127 | $0.00 | 6,127 | D | $0.00 · — to — | 6,127 common stock | (F7) The original restricted stock unit grant was for 24,508 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. |
| 6 | Derivative | restricted stock unit | 2023-11-17 | M | D | 4,425 | $0.00 | 8,850 | D | $0.00 · — to — | 4,425 common stock | (F8) The original restricted stock unit grant was for 18,678 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. |