SEC Form 4 · accession 0001209191-18-063458
VIASAT INC · VSAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert James Blair
Officer — Vice President, Secretary
Period of report
Dec 17, 2018
Accepted (ET)
Dec 19, 2018 · 3:09 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 | Dec 17, 2018 | M | 1,875 | $0.00 | A | 15,282 | D | |
| $.0001 par value common stock | Dec 17, 2018 | F | 649 | $62.43 | D | 14,633 | D | |
| $.0001 par value common stock | holding | — | — | — | 550 | 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 | Dec 17, 2018 | M | 1,875 | D | — | — | common stock | 1,875 | 5,625 | D |
Explanation of responses
- F1Represents the number of shares of Viasat, Inc. Common Stock withheld by the Issuer to satisfy tax withholding obligations. These shares were not sold by the Reporting Person but were instead offset from the total number of shares received by the Reporting Person from the Issuer.
- F2The original restricted stock unit grant was for 7,500 restricted stock units on 11/17/2017. Subject to the Reporting Person's 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.
- F3Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.