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VIASAT INC — Director's Dealing 2011
Nov 15, 2011
31146_dirs_2011-11-15_61408634-6eb5-4d1d-b740-e052a5643409.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: VIASAT INC (VSAT)
CIK: 0000797721
Period of Report: 2011-11-10
Reporting Person: BALDRIDGE RICHARD A (Chief Operating Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-11-10 | stock option, right to buy | $44.53 | A | 59000 | Acquired | 2017-11-10 | common stock (59000) | Direct |
| 2011-11-10 | restricted stock unit | $ | A | 19750 | Acquired | common stock (19750) | Direct |
Footnotes
F1: The option vests in 4 equal annual installments beginning on 11/10/12.
F2: Each restricted stock unit represents a contingent right to receive one share of ViaSat, Inc. common stock.
F3: 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 teh grant date.
F4: Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the issuer.