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VIASAT INC Director's Dealing 2019

Dec 23, 2019

31146_dirs_2019-12-23_f29f2add-2185-4c21-bf06-3fd2cbd938a1.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: 2019-12-19

Reporting Person: DANKBERG MARK D (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-12-19 $.0001 par value common stock M 11667 $0.00 Acquired 11667 Direct
2019-12-19 $.0001 par value common stock F 6143 $72.04 Disposed 5524 Direct
2019-12-19 $.0001 par value common stock G 5524 $0.00 Disposed 0 Direct
2019-12-19 $.0001 par value common stock G 5524 $0.00 Acquired 1542177 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-12-19 restricted stock unit $0.00 M 11667 Disposed common stock (11667) Direct

Holdings (Non-Derivative)

Security Shares Ownership
$.0001 par value common stock 1976 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 Mark Dankberg, an officer of Viasat, Inc. Upon vesting the shares were contributed to The Dankberg Family Trust.

F3: The original deferred restricted stock unit grant was for 46,667 restricted stock units on 11/19/2018. 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.