SEC Form 4 · accession 0001209191-16-149879
VIASAT INC · VSAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ken Allen Peterman
Officer — Senior Vice President
Period of report
Nov 9, 2016
Accepted (ET)
Nov 14, 2016 · 5:59 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 | Nov 9, 2016 | M | 4,376 | $60.90 | A | 11,182 | D | |
| $.0001 par value common stock | Nov 9, 2016 | S | 4,376 | $78.00 | D | 6,806 | D | |
| $.0001 par value common stock | Nov 10, 2016 | M | 2,187 | $60.90 | A | 8,993 | D | |
| $.0001 par value common stock | Nov 10, 2016 | S | 2,187 | $78.70 | D | 6,806 | D | |
| $.0001 par value common stock | Nov 10, 2016 | M | 729 | $0.00 | A | 7,535 | D | |
| $.0001 par value common stock | Nov 10, 2016 | F | 224 | $79.67 | D | 7,311 | D | |
| $.0001 par value common stockF3 | holding | — | — | — | 405 | 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 optionF4 | $60.90 | Nov 9, 2016 | M | 4,376 | D | — | Nov 14, 2019 | common stock | 4,376 | 4,374 | D |
| stock optionF4 | $60.90 | Nov 10, 2016 | M | 2,187 | D | — | Nov 14, 2019 | common stock | 2,187 | 2,187 | D |
| restricted stock unitF5,F6 | $0.00 | Nov 10, 2016 | M | 729 | D | — | — | common stock | 729 | 729 | D |
Explanation of responses
- F1Transaction pursuant to Rule 10b5-1 Trading Plan adopted on June 13, 2016.
- F2This 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.
- F3Includes 6 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.
- F4The option vests in four (4) installments as follows: 2,188 shares on 11/10/2014; 2,188 shares on 11/10/2015; 2,187 shares on 11/10/2016 and 2,187 shares on 11/10/2017.
- F5The original restricted stock unit grant was for 2,917 restricted stock units on 11/14/2013. Subject to the reporting persons election to defer the receipt of the common stock, the units vest and convert into shares of common stock (on a 1 for 1 basis) at the rate of 1/4 on the 13th month anniversary of the grant date; 1/4 on the second anniversary of the grant date; 1/4 on the third anniversary and 1/4 on the fourth anniversary of the grant date.
- F6Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.