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VIASAT INC — Director's Dealing 2018
Dec 19, 2018
31146_dirs_2018-12-19_8eb9efa3-ddc0-43ed-b707-cf14b4699572.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: 2018-12-17
Reporting Person: BALDRIDGE RICHARD A (Director, Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-12-17 | $.0001 par value common stock | M | 9375 | $0.00 | Acquired | 9375 | Direct |
| 2018-12-17 | $.0001 par value common stock | F | 4936 | $62.43 | Disposed | 4439 | Direct |
| 2018-12-17 | $.0001 par value common stock | G | 4439 | $0.00 | Disposed | 0 | Direct |
| 2018-12-17 | $.0001 par value common stock | G | 4439 | $0.00 | Acquired | 247970 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-12-17 | restricted stock unit | $0.00 | M | 9375 | Disposed | common stock (9375) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| $.0001 par value common stock | 2452 | 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 restricted stock unit was granted to Richard Baldridge, an officer of Viasat, Inc. Upon vesting the shares were contributed to The Baldridge Family Trust.
F3: The original deferred restricted stock unit grant was for 37,500 restricted stock units on 11/17/2017. 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.
F4: Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.