SEC Form 4 · accession 0001140361-16-087807
VIAVI SOLUTIONS INC. · VIAV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Paul McNab
Officer — EVP, Chief Mktg & Stgy Officer
Period of report
Nov 21, 2016
Accepted (ET)
Nov 23, 2016 · 6:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000912093
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 21, 2016 | M | 3,559 | $0.00 | A | 39,094 | D | |
| Common Stock | Nov 21, 2016 | F | 1,857 | $7.94 | D | 37,237 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1 | $0.00 | Nov 21, 2016 | M | 3,559 | D | Nov 21, 2016 | — | Common Stock | 3,559 | 24,916 | D |
Explanation of responses
- F1Each unit converts upon vesting into one share of common stock.
- F2These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability.