AI assistant
VIASAT INC — Director's Dealing 2016
Sep 20, 2016
31146_dirs_2016-09-20_2e2c8b1b-9fb3-4e7a-89f1-4924dafbbf39.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: VIASAT INC (VSAT)
CIK: 0000797721
Period of Report: 2016-09-16
Reporting Person: LAY B ALLEN (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-09-16 | $.0001 par value common stock | M | 1600 | $0.00 | Acquired | 1600 | Direct |
| 2016-09-16 | $.0001 par value common stock | G | 1600 | $0.00 | Disposed | 0 | Direct |
| 2016-09-16 | $.0001 par value common stock | G | 1600 | $0.00 | Acquired | 345413 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-09-16 | 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 128,987 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 ownership of the shares held by Lay Ventures, L.P. except to the extent of his pecuniary interest therein.
F3: Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of the directorship with the Issuer.