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VIASAT INC — Director's Dealing 2021
Apr 9, 2021
31146_dirs_2021-04-09_18bdd69c-548e-4a00-b094-bbd1b68ec28d.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: VIASAT INC (VSAT)
CIK: 0000797721
Period of Report: 2021-03-31
Reporting Person: Bridenstine James Frederick (Director)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| stock option, right to buy | $48.07 | 2027-03-31 | common stock (9000) | Direct | |
| restricted stock unit | $0.00 | common stock (3000) | Direct |
Footnotes
F1: The option vests in 3 equal annual installments beginning on March 31, 2022.
F2: Subject to the reporting person's continued services as a Director of the Issuer, the units vest and convert into shares of common stock of the Issuer at a rate of 1/3 on the first anniversary of the grant date; 1/3 on the second anniversary of the grant date and 1/3 on the third anniversary of the grant date.
F3: Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of the directorship with the Issuer.
F4: Each restricted stock unit represents a contingent right to receive one share of Viasat, Inc. common stock.