Benjamin Edward Palmer - Aug 17, 2024 Form 4 Insider Report for VIASAT INC (VSAT)

Signature
Stacy Nguyen, Attorney-in-Fact
Stock symbol
VSAT
Transactions as of
Aug 17, 2024
Transactions value $
-$39,533
Form type
4
Date filed
8/19/2024, 04:18 PM
Previous filing
Jun 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VSAT $.0001 par value common stock Options Exercise $0 +5K +28.44% $0.00 22.6K Aug 17, 2024 Direct F1
transaction VSAT $.0001 par value common stock Tax liability -$39.5K -2.25K -9.96% $17.57 20.3K Aug 17, 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VSAT restricted stock unit Options Exercise $0 -5K -25% $0.00 15K Aug 17, 2024 common stock 5K $0.00 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 17,581 shares previously held through Ogier Global Trustee (Jersey), Limited which were distributed to the reporting person on May 30, 2024 and are now directly owned.
F2 This entry represents the number of shares of Viasat, Inc. common stock withheld by the Issuer to satisfy the tax withholding obligation of the Reporting Person. These shares were not sold by the Reporting Person but were instead offset from the total number of vested shares received by the Reporting Person from the Issuer.
F3 The original award was for 20,000 restricted stock units on 08/17/2023. Subject to the Reporting Person's continued employment with the Issuer, the units vest and convert into shares of common stock of the Issuer (on a 1-for-1 basis) in four (4) equal annual installments beginning on 08/17/2024.
F4 Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.