SEC Form 4 · accession 0001209191-16-151804
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
Nov 21, 2016
Accepted (ET)
Nov 22, 2016 · 7:51 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 21, 2016 | M | 6,250 | $36.30 | A | 9,039 | D | |
| $.0001 par value common stockF2 | Nov 21, 2016 | S | 5,850 | $72.22 | D | 3,189 | D | |
| $.0001 par value common stockF3 | Nov 21, 2016 | S | 400 | $73.07 | D | 2,789 | D | |
| $.0001 par value common stock | Nov 22, 2016 | S | 2,500 | $72.65 | D | 289 | D | |
| $.0001 par value common stock | holding | — | — | — | 1,111 | 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 | $36.30 | Nov 21, 2016 | M | 6,250 | D | — | Nov 12, 2018 | common stock | 6,250 | 0 | D |
Explanation of responses
- F1Transaction pursuant to Rule 10b5-1 Trading Plan adopted on September 14, 2016.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.99 to $72.85 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.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.00 to $73.15 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.
- F4The option vests in four (4) equal annual installments beginning on November 10, 2013 and ending on November 10, 2016.