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VIAVI SOLUTIONS INC. — Director's Dealing 2021
Sep 1, 2021
31492_dirs_2021-08-31_9e7c0b36-5403-419a-ad38-fd20da1bf1bb.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: 2021-08-28
Reporting Person: Staley Gary W (SVP Global Sales NSE)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-08-28 | Common Stock | M | 5000 | — | Acquired | 78903 | Direct |
| 2021-08-28 | Common Stock | F | 1968 | $16.67 | Disposed | 76935 | Direct |
| 2021-08-28 | Common Stock | M | 2513 | — | Acquired | 79448 | Direct |
| 2021-08-28 | Common Stock | F | 989 | $16.67 | Disposed | 78459 | Direct |
| 2021-08-28 | Common Stock | M | 3141 | — | Acquired | 81600 | Direct |
| 2021-08-28 | Common Stock | F | 1236 | $16.67 | Disposed | 80364 | Direct |
| 2021-08-28 | Common Stock | M | 12550 | — | Acquired | 92914 | Direct |
| 2021-08-28 | Common Stock | F | 4939 | $16.67 | Disposed | 87975 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-08-28 | Restricted Stock Units | $0 | M | 5000 | Disposed | Common Stock (5000) | Direct | |
| 2021-08-28 | Restricted Stock Units | $0 | M | 2513 | Disposed | Common Stock (2513) | Direct | |
| 2021-08-28 | Restricted Stock Units | $0 | M | 3141 | Disposed | Common Stock (3141) | Direct | |
| 2021-08-28 | Restricted Stock Units | $0 | M | 12550 | Disposed | Common Stock (12550) | Direct | |
| 2021-08-28 | Restricted Stock Units | $0 | A | 29655 | Acquired | Common Stock (29655) | Direct | |
| 2021-08-28 | Market Stock Units | $0 | A | 29655 | Acquired | Common Stock (29655) | Direct |
Footnotes
F1: Each unit converts upon vesting into one share of common stock.
F2: Total includes 875 shares purchased pursuant to the ESPP plan.
F3: 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.
F4: 50% vesting on 1st anniversary of Grant Date and 25% vesting on 2nd & 3rd anniversary of Grant Date.
F5: There are no expiration dates on RSUs
F6: 1/3 of the Units subject to the Award shall vest on the first anniversary of the grant date and the remaining shares vest quarterly in eight equal installments over the following two years.
F7: Units subject to the Award shall vest annually in three equal installments over three years.
F8: See Exhibit 99 - FY2022 MSU Exhibit for vesting schedule and terms
F9: There are no expiration dates on MSUs.