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VIASAT INC — Director's Dealing 2011
Nov 15, 2011
31146_dirs_2011-11-15_9cf2ba76-0605-4cc5-bee3-01145f03545f.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: WANGERIN RONALD G (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-11-11 | $.0001 par value common stock | M | 1042 | $0.00 | Acquired | 10920 | Direct |
| 2011-11-11 | $.0001 par value common stock | F | 382 | $45.95 | Disposed | 10538 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-11-10 | stock option, right to buy | $44.53 | A | 25000 | Acquired | 2017-11-10 | common stock (25000) | Direct |
| 2011-11-10 | restricted stock unit | $ | A | 8333 | Acquired | common stock (8333) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| $.0001 par value common stock | 1331 | Indirect |
Footnotes
F1: This entry represents the number of shares of ViaSat, Inc. common stock withheld by the Issuer to satisfy the tax withholding obligation of the Reporting Person. These shares were not sold by the Reporting Person but were instead offset from the total number of vested shares received by the Reporting Person from the Issuer.
F2: Includes 395 shares purchased under the ViaSat Stock Purchase Plan ("ESPP")on December 31, 2010 and 258 shares purchased under the ESPP on June 30, 2011.
F3: Includes shares of common stock the reporting person acquired under the ViaSat 401(k)Plan.
F4: The option vests in 4 equal annual installments beginning on 11/10/12.
F5: Each restricted stock unit represents a contingent right to receive one share of ViaSat, Inc. common stock.
F6: 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 the grant date.
F7: Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the issuer.