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VIAVI SOLUTIONS INC. Director's Dealing 2019

Oct 4, 2019

31492_dirs_2019-10-03_ebc03af8-0b5c-4c73-977a-ac56104304ab.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: 2019-10-01

Reporting Person: Maletira Amar (CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-10-01 Common Stock M 11250 Acquired 392169 Direct
2019-10-01 Common Stock F 5578 $13.56 Disposed 386591 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-10-01 Performance Stock Units $0.0 M 11250 Disposed Common Stock (11250.0) 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 time-based vesting of the 2nd tranche of Performance Stock Units granted on August 28, 2017 on the 24 month anniversary of the first day of the measurement period at 100% of target based on the prior achievement of the target Network and Service Enablement ("NSE") operating income margin rate during two consecutive quarters of the performance period as stated in the grant agreement.

F4: There are no expiration dates on PSUs.