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VIAVI SOLUTIONS INC. — Director's Dealing 2023
Aug 30, 2023
31492_dirs_2023-08-30_58054e66-1676-4530-8de2-5512c66b90f8.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: 2023-08-28
Reporting Person: McNab Paul (EVP, Chief Mktg & Stgy Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-08-28 | Common Stock | M | 10040 | — | Acquired | 70007 | Direct |
| 2023-08-28 | Common Stock | F | 3472 | $10.21 | Disposed | 66535 | Direct |
| 2023-08-28 | Common Stock | M | 8402 | — | Acquired | 74937 | Direct |
| 2023-08-28 | Common Stock | F | 2906 | $10.21 | Disposed | 72031 | Direct |
| 2023-08-28 | Common Stock | M | 9907 | — | Acquired | 81938 | Direct |
| 2023-08-28 | Common Stock | F | 3426 | $10.21 | Disposed | 78512 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-08-28 | Restricted Stock Unit | $0 | A | 38636 | Acquired | Common Stock (38636) | Direct | |
| 2023-08-28 | Market Stock Units | $0 | A | 38636 | Acquired | Common Stock (38636) | Direct | |
| 2023-08-28 | Restricted Stock Units | $0 | M | 10040 | Disposed | Common Stock (10040) | Direct | |
| 2023-08-28 | Restricted Stock Units | $0 | M | 8402 | Disposed | Common Stock (8402) | Direct | |
| 2023-08-28 | Restricted Stock Unit | $0 | M | 9907 | Disposed | Common Stock (9907) | Direct |
Footnotes
F1: Each stock 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: Reflects a decrease of 11,860 shares that were transferred pursuant to an exempt transaction.
F4: Units subject to the Award shall vest annually in thee equal installments over three years.
F5: There are no expiration dates on RSUs
F6: See Exhibit 99 - FY2024 MSU for vesting schedule and terms
F7: There are no expiration dates on MSUs.