SEC Form 4 · accession 0001140361-17-004237
VIAVI SOLUTIONS INC. · VIAV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dion Joannou
Officer — SVP Global Sales NSE
Period of report
Jan 31, 2017
Accepted (ET)
Feb 2, 2017 · 6:46 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 | Jan 31, 2017 | M | 26,130 | $8.95 | A | 26,130 | D | |
| Common Stock | Jan 31, 2017 | F | 7,152 | $8.95 | D | 18,978 | D | |
| Common Stock | Jan 31, 2017 | M | 18,890 | $8.95 | A | 37,868 | D | |
| Common Stock | Jan 31, 2017 | F | 5,169 | $8.95 | D | 32,699 | D | |
| Common Stock | Jan 31, 2017 | M | 20,139 | $8.95 | A | 52,838 | D | |
| Common Stock | Jan 31, 2017 | F | 5,509 | $8.95 | D | 47,329 | 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 | Jan 31, 2017 | M | 26,130 | A | Jan 31, 2017 | — | Common Stock | 26,130 | 4,355 | D |
| Restricted Stock UnitF1 | $0.00 | Jan 31, 2017 | M | 18,890 | A | Jan 31, 2017 | — | Common Stock | 18,890 | 13,610 | D |
| Restricted Stock UnitF1 | $0.00 | Jan 31, 2017 | M | 20,139 | A | Jan 31, 2017 | — | Common Stock | 20,139 | 20,139 | 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.