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VIAVI SOLUTIONS INC. — Director's Dealing 2018
Oct 2, 2018
31492_dirs_2018-10-02_51f0ffdc-e305-47db-bba9-27db302cdacf.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: Maletira Amar (CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-09-28 | Common Stock | M | 71590 | — | Acquired | 260842 | Direct |
| 2018-09-28 | Common Stock | F | 35495 | $11.34 | Disposed | 225347 | Direct |
| 2018-09-28 | Common Stock | M | 22208 | — | Acquired | 247555 | Direct |
| 2018-09-28 | Common Stock | F | 11011 | $11.34 | Disposed | 236544 | Direct |
| 2018-09-28 | Common Stock | M | 20459 | — | Acquired | 257003 | Direct |
| 2018-09-28 | Common Stock | F | 10144 | $11.34 | Disposed | 246859 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-09-28 | Restricted Stock Unit | $0 | M | 71590 | Disposed | Common Stock (71590) | Direct | |
| 2018-09-28 | Restricted Stock Unit | $0 | M | 22208 | Disposed | Common Stock (22208) | Direct | |
| 2018-09-28 | Restricted Stock Unit | $0 | M | 20459 | Disposed | Common Stock (20459) | 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 3rd tranche of market-leveraged stock units granted in September 15, 2015 at 150% 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 2nd tranche of market-leveraged stock units granted in August 17, 2016 at 133.25% of target based on our total stockholder return during the performance periods as stated on the grant agreement.
F6: 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.