VIAVI SOLUTIONS INC. — Director's Dealing 2020

Oct 5, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VIAVI SOLUTIONS INC. (VIAV)
CIK: 0000912093
Period of Report: 2020-10-01

Reporting Person: Maletira Amar (CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-10-01	Common Stock	M	11250	—	Acquired	280027	Direct
2020-10-01	Common Stock	F	5578	$11.91	Disposed	274449	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-10-01	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 3rd tranche of Performance Stock Units granted on August 28, 2017 on the 36 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.