SEC Form 4 · accession 0001567619-19-005844
VIAVI SOLUTIONS INC. · VIAV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary W Staley
Officer — SVP Global Sales NSE
Period of report
Feb 28, 2019
Accepted (ET)
Mar 1, 2019 · 5:15 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 StockF2 | Feb 28, 2019 | M | 2,261 | $0.00 | A | 17,471 | D | |
| Common Stock | Feb 28, 2019 | F | 870 | $13.13 | D | 16,601 | 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 UnitF4 | $0.00 | Feb 28, 2019 | M | 2,261 | D | Feb 28, 2019 | — | Common Stock | 2,261 | 13,568 | D |
Explanation of responses
- F1Each unit converts upon vesting into one share of common stock.
- F2Total includes 2,459 shares purchased pursuant to ESPP plan.
- F3These 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.
- F4There are no expiration dates on RSUs.