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VIASAT INC — Director's Dealing 2014
Sep 18, 2014
31146_dirs_2014-09-18_bebea0bb-a9a6-4407-82a5-5aac2bc9cd56.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: 2014-09-17
Reporting Person: LAY B ALLEN (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-09-18 | $.0001 par value common stock | M | 1600 | $0.00 | Acquired | 1600 | Direct |
| 2014-09-18 | $.0001 par value common stock | G | 1600 | $0.00 | Disposed | 0 | Direct |
| 2014-09-18 | $.0001 par value common stock | G | 1600 | $0.00 | Acquired | 337213 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-09-17 | common stock option (right to buy) | $57.57 | A | 5000 | Acquired | 2020-09-17 | common stock (5000) | Direct |
| 2014-09-17 | restricted stock unit | $ | A | 1600 | Acquired | comon stock (1600) | Direct | |
| 2014-09-18 | restricted stock unit | $0.00 | M | 1600 | Disposed | common stock (1600) | Direct |
Footnotes
F1: The restricted stock unit was granted to B. Allen Lay, a director of ViaSat, Inc. Upon vesting the shares were contributed to The Lay Living Trust.
F2: 186,026 shares are held by Lay Ventures, L.P. Mr. Lay and his wife are general partners of Lay Ventures, L.P. In addition, Mr. Lay and his wife are the trustees of The Lay Living Trust which holds 120,787 shares. The Lay Living Trust owns a 2% interest in Lay Ventures, L.P. Mr. Lay and his wife are also trustees of The Lay Charitable Remainder Trust which holds 30,400 shares. Mr. Lay disclaims beneficial owndership of the shares held by Lay Ventures, L.P. except to the extent of his pecuniary interest therein.
F3: The option vests on September 17, 2015.
F4: Each restricted stock unit represents a contingent right to receive one share of ViaSat,Inc. common stock.
F5: Subject to the reporting person's continued service as a Director of the Issuer, this award will vest and convert into shares of common stock of the Issuer on September 17, 2015.
F6: Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of the directorship with the Issuer.