SEC Form 4 · accession 0001209191-18-036877
VIASAT INC · VSAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Louis Ryan
Officer — President Space Systems
Period of report
Jun 7, 2018
Accepted (ET)
Jun 11, 2018 · 1:04 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 | Jun 7, 2018 | M | 1,750 | $0.00 | A | 4,669 | D | |
| $.0001 par value common stock | Jun 7, 2018 | F | 606 | $63.84 | D | 4,063 | D | |
| $.0001 par value common stock | holding | — | — | — | 239 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| restricted stock unitF2,F3 | $0.00 | Jun 7, 2018 | M | 1,750 | D | — | — | common stock | 1,750 | 3,500 | D |
Explanation of responses
- F1This 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.
- F2The original restricted stock unit grant was for 7,000 restricted stock units on 06/07/2016. Subject to the reporting persons's continued employment with the Issuer, the units vest and convert into shares of common stock (on a 1-for-1 basis) in four (4) equal annual installments beginning on 06/07/2017.
- F3Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.