Form 4 for VSAT VIASAT INC
Accepted 2023-11-21 00:00:00 ET · period of report 2023-10-09 · accession 0001209191-23-056262 · 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 | Miller Craig Andrew | Pres. Gbl Space Networks | F - Tax | $19.52 | -2,291 | 13.5K | -14% | -$44.7K |
| D | 2023-11-21 | 2023-11-17 | VSAT | Miller Craig Andrew | Pres. Gbl Space Networks | M - OptEx | $0.00 | +6,619 | 15.8K | +72% | $0 |
| D | 2023-11-21 | 2023-10-09 | VSAT | Miller Craig Andrew | Pres. Gbl Space Networks | A - Grant | $0.00 | +50.0K | 50.0K | New | $0 |
| DM | 2023-11-21 | 2023-11-17 | VSAT | Miller Craig Andrew | Pres. Gbl Space Networks | M - OptEx | $0.00 | -6,619 | 1,814 | -78% | $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 | 2,291 | $19.52 | 13,548 | D | — | — | |
| 2 | Common | $.0001 par value common stock | 2023-11-17 | M | A | 6,619 | $0.00 | 15,839 | D | — | — | |
| 3 | 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 | (F2) 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 | 3,761 | $0.00 | 7,522 | D | $0.00 · — to — | 3,761 common stock | (F6) The original restricted stock unit grant was for 15,045 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. (F4) 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 | 1,044 | $0.00 | 0 | D | $0.00 · — to — | 1,044 common stock | (F3) The original award was for 4,177 restricted stock units on 11/15/2019. Subject to the Reporting Person's continued employment with the Issuer, the units vest and convert into shares of common stock of the Issuer (on a 1-for-1 basis) in four (4) equal annual installments beginning on 11/17/2020. (F4) 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 | 1,814 | $0.00 | 1,814 | D | $0.00 · — to — | 1,814 common stock | (F5) The original award was for 7,257 restricted stock units on 11/17/2020 Subject to the Reporting Person's continued employment with the Issuer, the units vest and convert into shares of common stock of the Issuer (on a 1-for-1 basis) in four (4) equal annual installments beginning on 11/17/2021. (F4) Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer. |