SEC Form 4 · accession 0001209191-16-102401
VIASAT INC · VSAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keven K Lippert
Officer — Exec. VP and Secretary
Period of report
Feb 24, 2016
Accepted (ET)
Feb 25, 2016 · 5:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000797721
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| $.0001 par value common stock | Feb 24, 2016 | M | 18,750 | $41.52 | A | 20,093 | D | |
| $.0001 par value common stockF1 | Feb 24, 2016 | S | 18,750 | $70.51 | D | 1,343 | D | |
| $.0001 par value common stock | Feb 24, 2016 | M | 21,250 | $44.53 | A | 22,593 | D | |
| $.0001 par value common stockF1 | Feb 24, 2016 | S | 21,250 | $70.51 | D | 1,343 | D | |
| $.0001 par value common stockF2 | holding | — | — | — | 951 | I | By 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| stock optionF3 | $41.52 | Feb 24, 2016 | M | 18,750 | D | — | Nov 10, 2016 | common stock | 18,750 | 0 | D |
| stock optionF4 | $44.53 | Feb 24, 2016 | M | 21,250 | D | — | Nov 10, 2017 | common stock | 21,250 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.10 to $70.86, inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F2Includes 7 shares of common stock the reporting person acquired under the ViaSat 401(k) Plan since the date of the reporting person's last ownership report.
- F3The option vests in four (4) equal annual installments beginning on November 10, 2011 and ending on November 10, 2014.
- F4The option vests in four (4) equal annual installments beginning on November 10, 2012 and ending on November 10, 2015.