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VIASAT INC Director's Dealing 2016

Nov 21, 2016

31146_dirs_2016-11-21_d85aeceb-b5fa-4f07-ba3d-5cd35b48908e.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: 2016-11-17

Reporting Person: Del Toro Melinda Michele (Vice President Human Resources)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-11-17 $.0001 par value common stock M 1250 $0.00 Acquired 2368 Direct
2016-11-17 $.0001 par value common stock F 470 $69.74 Disposed 1898 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-11-17 stock option, right to buy $69.74 A 20000 Acquired 2022-11-17 common stock (20000) Direct
2016-11-17 restricted stock unit $ A 6667 Acquired common stock (6667) Direct
2016-11-17 restricted stock unit $0.00 M 1250 Disposed common stock (1250) Direct

Holdings (Non-Derivative)

Security Shares Ownership
$.0001 par value common stock 652 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: The option vests in four (4) equal annual installments beginning on 11/17/2017.

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

F4: 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.

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

F6: The original restricted stock unit grant was for 5,000 restricted stock units on 11/17/2014. Subject to the reporting persons's continued employment with the Issuer, the units vest and convert into shares of common stock (on a 1-for-1 basis) in four (4) equal annual installments beginning on 11/17/2015.