SEC Form 4 · accession 0001140361-17-043575
VIAVI SOLUTIONS INC. · VIAV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin Christopher Siebert
Officer — VP General Counsel & Secretary
Period of report
Nov 17, 2017
Accepted (ET)
Nov 21, 2017 · 5:46 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 | Nov 17, 2017 | M | 1,675 | $0.00 | A | 8,225 | D | |
| Common Stock | Nov 17, 2017 | F | 563 | $8.79 | D | 7,662 | D | |
| Common Stock | Nov 20, 2017 | M | 2,177 | $0.00 | A | 9,839 | D | |
| Common Stock | Nov 20, 2017 | F | 732 | $8.94 | D | 9,107 | D | |
| Common Stock | Nov 20, 2017 | S | 778 | $8.78 | D | 8,329 | 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 | Nov 17, 2017 | M | 1,675 | D | Nov 17, 2017 | — | Common Stock | 1,675 | 11,725 | D |
| Restricted Stock UnitF1 | $0.00 | Nov 20, 2017 | M | 2,177 | D | Nov 20, 2017 | — | Common Stock | 2,177 | 6,533 | 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.
- F3Shares were sold pursuant to a Rule 10b5-1 Stock Trading Plan.