Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

VIASAT INC Director's Dealing 2011

Jun 2, 2011

31146_dirs_2011-06-02_361dd910-8923-4939-8599-8ca36a3c68d2.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VIASAT INC (VSAT)
CIK: 0000797721
Period of Report: 2009-10-11

Reporting Person: Lippert Keven K (VP, General Counsel, Secretary)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-05-31 $.0001 par value common stock M 3000 $0.00 Acquired 3018 Direct
2011-05-31 $.0001 par value common stock G 855 $0.00 Disposed 2163 Direct
2011-05-31 $.0001 par value common stock F 798 $44.27 Disposed 1365 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-05-31 restricted stock unit $ M 3000 Disposed common stock (3000) Direct

Footnotes

F1: Upon vesting 855 shares were transferred to Mr. Lippert's ex-wife pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his ex-wife.

F2: This entry represents the number of shares of ViaSat, Inc. common stock witheld by the Issuer to satisfy the tax witholding obligation of the Reporting Person. These shares were not sold be the Reporting Person but were instead offset from the total number of vested shares received by the Reporting Person from the Issuer.

F3: Each restricted stock unit represents a contingent right to receive one share of ViaSat, Inc. common stock.

F4: The original restricted stock unit grant was for 12,000 restricted stock units on May 28, 2008. Subject to the reporting persons 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 the second anniversary of the grant date; 1/4 on the third anniversary and 1/4 on the fourth anniversary of the grant date.

F5: Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment with the issuer.