VIASAT INC — Director's Dealing 2023

Sep 15, 2023

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: VIASAT INC (VSAT)
CIK: 0000797721
Period of Report: 2023-09-07

Reporting Person: Palmer Benjamin Edward (President, Maritime)

Holdings (Non-Derivative)

Security	Shares	Ownership
$.0001 par value common stock	17581	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
restricted stock units	$0.00		common stock (20000)		Direct

Footnotes

F1: Represents shares issued in exchange for the sale of shares of Connect Topco Limited ("Inmarsat") pursuant to that certain Share Purchase Agreement, dated as of November 8, 2021, by and among the Issuer, the former shareholders of Inmarsat and certain management and employees of Inmarsat who held options and shares of a subsidiary of Inmarsat that were exchanged for shares of Inmarsat prior to closing, in connection with the acquisition by the Issuer of Inmarsat on May 30, 2023. These shares are held subject to a nominee arrangement under which legal title to the shares is required to be held by Ogier Global Trustee (Jersey), Limited until May 30, 2024, with legal title to the shares required to be transferred to the Reporting Person thereafter.

F2: The original award was for 20,000 restricted stock units on 08/17/2023. Subject to the Reporting Person's continued employment with the Issuer, the units vest and convert into shares of common stock of the Issuer (on a 1-for-1 basis) in four (4) equal annual installments beginning on 08/17/2024.

F3: Until vested, the restricted stock units shall be subject to forfeiture in the event of termination of employment with the Issuer.