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VIASAT INC — Director's Dealing 2016
Nov 14, 2016
31146_dirs_2016-11-14_99d7787b-73f1-478e-9b56-ab103ae2ffc6.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: 2016-11-09
Reporting Person: Peterman Ken Allen (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-11-09 | $.0001 par value common stock | M | 4376 | $60.90 | Acquired | 11182 | Direct |
| 2016-11-09 | $.0001 par value common stock | S | 4376 | $78.00 | Disposed | 6806 | Direct |
| 2016-11-10 | $.0001 par value common stock | M | 2187 | $60.90 | Acquired | 8993 | Direct |
| 2016-11-10 | $.0001 par value common stock | S | 2187 | $78.70 | Disposed | 6806 | Direct |
| 2016-11-10 | $.0001 par value common stock | M | 729 | $0.00 | Acquired | 7535 | Direct |
| 2016-11-10 | $.0001 par value common stock | F | 224 | $79.67 | Disposed | 7311 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-11-09 | stock option | $60.90 | M | 4376 | Disposed | 2019-11-14 | common stock (4376) | Direct |
| 2016-11-10 | stock option | $60.90 | M | 2187 | Disposed | 2019-11-14 | common stock (2187) | Direct |
| 2016-11-10 | restricted stock unit | $0.00 | M | 729 | Disposed | common stock (729) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| $.0001 par value common stock | 405 | Indirect |
Footnotes
F1: Transaction pursuant to Rule 10b5-1 Trading Plan adopted on June 13, 2016.
F2: 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.
F3: Includes 6 shares of common stock the reporting person acquired under the ViaSat 401(k) Plan since the date of the reporting person's last ownership report.
F4: The option vests in four (4) installments as follows: 2,188 shares on 11/10/2014; 2,188 shares on 11/10/2015; 2,187 shares on 11/10/2016 and 2,187 shares on 11/10/2017.
F5: The original restricted stock unit grant was for 2,917 restricted stock units on 11/14/2013. 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 second anniversary of the grant date; 1/4 on the third anniversary and 1/4 on the fourth anniversary of the grant date.
F6: Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.