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VIASAT INC — Director's Dealing 2020
Dec 11, 2020
31146_dirs_2020-12-11_ab6260ba-1784-4e3e-a25a-6e67d4bd9497.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: 2020-12-10
Reporting Person: Harkenrider Kevin J (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-12-10 | $.0001 par value common stock | M | 3500 | $0.00 | Acquired | 15821 | Direct |
| 2020-12-10 | $.0001 par value common stock | F | 1273 | $34.38 | Disposed | 14548 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-12-10 | restricted stock unit | $0.00 | M | 3500 | Disposed | common stock (3500) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| $.0001 par value common stock | 2837 | 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 original deferred restricted stock unit grant was for 14,000 restricted stock units on November 10, 2009. The units vested and converted into shares of common stock (on a 1-for-1 basis) at a rate of 1/4 on 12/10/2010; 1/4 on 11/10/2011; 1/4 on 11/10/2012 and 1/4 on 11/10/2013. The Reporting Person elected to defer receipt of the common stock for 10 years after each tranche vesting.
F3: Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the issuer.