0001209191-23-056245.txt : 20231121
0001209191-23-056245.hdr.sgml : 20231121
20231121161805
ACCESSION NUMBER: 0001209191-23-056245
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231009
FILED AS OF DATE: 20231121
DATE AS OF CHANGE: 20231121
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Dodd James Michael
CENTRAL INDEX KEY: 0001806556
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-21767
FILM NUMBER: 231428343
MAIL ADDRESS:
STREET 1: 6155 EL CAMINO REAL
CITY: CARLSBAD
STATE: CA
ZIP: 92009
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: VIASAT INC
CENTRAL INDEX KEY: 0000797721
STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663]
IRS NUMBER: 330174996
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0331
BUSINESS ADDRESS:
STREET 1: 6155 EL CAMINO REAL
CITY: CARLSBAD
STATE: CA
ZIP: 92009
BUSINESS PHONE: 760-476-2200
MAIL ADDRESS:
STREET 1: 6155 EL CAMINO REAL
CITY: CARLSBAD
STATE: CA
ZIP: 92009
4
1
doc4.xml
FORM 4 SUBMISSION
X0508
4
2023-10-09
0
0000797721
VIASAT INC
VSAT
0001806556
Dodd James Michael
6155 EL CAMINO REAL
CARLSBAD
CA
92009
0
1
0
0
Senior VP, President Aviation
0
$.0001 par value common stock
2023-11-17
4
M
0
8217
0.00
A
26073
D
$.0001 par value common stock
2023-11-17
4
F
0
3234
19.52
D
22839
D
$.0001 par value common stock
968
I
By 401(k)
employee stock option (right to buy)
15.96
2023-10-09
4
A
0
50000
0.00
A
2029-10-09
common stock
50000
50000
D
restricted stock unit
0.00
2023-11-17
4
M
0
4456
0.00
D
common stock
4456
4456
D
restricted stock unit
0.00
2023-11-17
4
M
0
3761
0.00
D
common stock
3761
7522
D
This entry represents the number of shares of Viasat, Inc. common stock withheld by the Issuer to satisfy the tax withholding obligation of the Reporting Person. These shares were not sold by the Reporting Person but were instead offset from the total number of vested shares received by the Reporting Person from the Issuer.
The option becomes exercisable, if at all, based on both time-based vesting (in three increments equal to 33% of the total shares on each of the first three anniversary dates of the grant date) and performance-based vesting (if the average daily closing price of Viasat's common stock over any 45-day period during the three year period following the grant date exceeds certain stock price hurdles of $30.00 or above).
The original deferred restricted stock unit grant was for 17,825 restricted stock units on 11/17/2020 Subject to the Reporting Person's election to defer the receipt of common stock, the units vest and convert into shares of common stock of the Issuer at a rate of 1/4 on the 13th month anniversary of the grant date; 1/4th on the second anniversary of the grant date; 1/4th on the third anniversary of the grant date and 1/4 on the fourth anniversary of the grant date.
Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.
The original restricted stock unit grant was for 15,045 restricted stock units on 11/17/2021. Subject to the Reporting Person's election to defer the receipt of common stock, the units vest and convert into shares of common stock of the Issuer over a four year period commencing on 12/17/2022 and ending on 11/17/2025.
Stacy Nguyen, Attorney-in-Fact
2023-11-21