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VIASAT INC — Director's Dealing 2021
Jan 11, 2021
31146_dirs_2021-01-11_257d1cca-321c-4c05-9647-20e974088a69.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: 2021-01-08
Reporting Person: Pak Sean (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-01-08 | $.0001 par value common stock | M | 1000 | $0.00 | Acquired | 1000 | Direct |
| 2021-01-08 | $.0001 par value common stock | G | 1000 | $0.00 | Disposed | 0 | Direct |
| 2021-01-08 | $.0001 par value common stock | G | 1000 | $0.00 | Acquired | 6200 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-01-08 | restricted stock unit | $0.00 | M | 1000 | Disposed | common stock (1000) | Direct |
Footnotes
F1: The restricted stock unit was granted to Sean Pak a director of Viasat, Inc. Upon vesting the shares were contributed to the Sean S. Pak and Caroline K. Shin Revocable Trust dated April 29, 2015.
F2: The original grant on 01/08/2018 was for 3,000 restricted stock units. Subject to the reporting person's continued service as a director of the Issuer, the units vest and convert into shares of common stock (on a 1 for 1 basis) at a rate of 1/3 on the first anniversary of the grant date; 1/3 of 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.