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VIAVI SOLUTIONS INC. — Director's Dealing 2022
Aug 31, 2022
31492_dirs_2022-08-30_028ad35e-b78f-424e-81cb-9d5eace8ee6b.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: 2022-08-28
Reporting Person: Siebert Kevin Christopher (SVP Gen. Counsel & Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-08-28 | Common Stock | M | 2094 | — | Acquired | 49772 | Direct |
| 2022-08-28 | Common Stock | F | 631 | $14.55 | Disposed | 49141 | Direct |
| 2022-08-28 | Common Stock | M | 8158 | — | Acquired | 57299 | Direct |
| 2022-08-28 | Common Stock | F | 2456 | $14.55 | Disposed | 54843 | Direct |
| 2022-08-28 | Common Stock | M | 6919 | — | Acquired | 61762 | Direct |
| 2022-08-28 | Common Stock | F | 2083 | $14.55 | Disposed | 59679 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-08-28 | Restricted Stock Units | $0 | M | 2094 | Disposed | Common Stock (2094) | Direct | |
| 2022-08-28 | Restricted Stock Units | $0 | M | 8158 | Disposed | Common Stock (8158) | Direct | |
| 2022-08-28 | Restricted Stock Units | $0 | M | 6919 | Disposed | Common Stock (6919) | 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: This reporting person previously filed a Form 4 on June 3, 2022, which incorrectly reported the number of shares of common stock beneficially owned by the reporting person following the applicable transaction. This Form 4 reports the correct amount of number of shares of common stock beneficially owned by the reporting person after taking into account all applicable transactions to date.
F4: 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.
F5: There are no expiration dates on RSUs
F6: Units subject to the Award shall vest annually in three equal installments over three years.
F7: Units subject to the Award shall vest annually in three equal installments over three years.