Kevin J. Harkenrider - May 28, 2021 Form 4 Insider Report for VIASAT INC (VSAT)

Signature
Kathleen K. Hollenbeck, Attorney-in-Fact
Stock symbol
VSAT
Transactions as of
May 28, 2021
Transactions value $
-$84,024
Form type
4
Date filed
6/1/2021, 05:27 PM
Next filing
Nov 3, 2021

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 +3K +20.47% $0.00 17.7K May 28, 2021 Direct F1
transaction VSAT $.0001 par value common stock Tax liability -$84K -1.58K -8.95% $53.18 16.1K May 28, 2021 Direct F2
holding VSAT $.0001 par value common stock 2.84K May 28, 2021 By 401(k)

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 -3K -50% $0.00 3K May 28, 2021 common stock 3K $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 111 shares purchased under the Viasat Employee Stock Purchase Plan on December 31, 2020.
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 restricted stock unit grant was for 12,000 restricted stock units on 05/28/2008. The reporting person elected to defer the receipt of the shares of common stock for a period of ten (10) years. As a result of the deferral, the reporting person will receive shares of common stock as follows: 3,000 shares on 06/28/2019; 3,000 shares on 05/28/2020; 3,000 shares on 05/28/2021 and 3,000 shares on 05/28/2022.
F4 Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.