SEC Form 4 · accession 0001209191-17-052123
VIASAT INC · VSAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John P Stenbit
Director
Period of report
Sep 7, 2017
Accepted (ET)
Sep 8, 2017 · 6:04 pm EDT
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 | Sep 8, 2017 | M | 1,600 | $0.00 | A | 9,600 | D | |
| $.0001 par value common stock | holding | — | — | — | 6,600 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| common stock option (right to buy)F1 | $60.59 | Sep 7, 2017 | A | 5,000 | A | — | Sep 7, 2023 | common stock | 5,000 | 5,000 | D |
| restricted stock unitF2,F3,F4 | — | Sep 7, 2017 | A | 1,600 | A | — | — | common stock | 1,600 | 1,600 | D |
| restricted stock unitF4 | $0.00 | Sep 8, 2017 | M | 1,600 | D | Sep 8, 2017 | — | common stock | 1,600 | 0 | D |
Explanation of responses
- F1The option vests on September 7, 2018.
- F2Each restricted stock unit represents a contingent right to receive one share of ViaSat,Inc. common stock.
- F3Subject to the reporting person's continued service as a Director of the Issuer, this award will vest and convert into shares of common stock of the Issuer on September 7, 2018.
- F4Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of the directorship with the Issuer.