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VIAVI SOLUTIONS INC. Director's Dealing 2018

Oct 2, 2018

31492_dirs_2018-10-02_b7662450-4a41-4b4a-8b65-66e8f1e8e71e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VIAVI SOLUTIONS INC. (VIAV)
CIK: 0000912093
Period of Report: 2018-09-28

Reporting Person: KHAYKIN OLEG (President & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-09-28 Common Stock M 25498 Acquired 290806 Direct
2018-09-28 Common Stock F 12642 $11.34 Disposed 278164 Direct
2018-09-28 Common Stock M 49500 Acquired 327664 Direct
2018-09-28 Common Stock F 24543 $11.34 Disposed 303121 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-09-28 Restricted Stock Unit $0 M 25498 Disposed Common Stock (25498) Direct
2018-09-28 Restricted Stock Unit $0 M 49500 Disposed Common Stock (49500) Direct

Footnotes

F1: Each unit converts upon vesting into one share of common stock.

F2: These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability.

F3: Shares reflect the vesting of the 2nd tranche of market-leveraged stock units granted on August 17, 2016 at 133.25% of target based on our total stockholder return during the performance periods as stated on the grant agreement.

F4: There are no expiration dates on MSUs.

F5: Shares reflect the vesting of the 1st tranche of market-leveraged stock units granted in August 28, 2017 at 99% of target based on our total stockholder return during the performance periods as stated on the grant agreement.