0001127602-21-024620.txt : 20210831
0001127602-21-024620.hdr.sgml : 20210831
20210831202616
ACCESSION NUMBER: 0001127602-21-024620
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20210828
FILED AS OF DATE: 20210831
DATE AS OF CHANGE: 20210831
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: KHAYKIN OLEG
CENTRAL INDEX KEY: 0001278725
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-22874
FILM NUMBER: 211228447
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: VIAVI SOLUTIONS INC.
CENTRAL INDEX KEY: 0000912093
STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674]
IRS NUMBER: 942579683
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0703
BUSINESS ADDRESS:
STREET 1: 6001 AMERICA CENTER DRIVE
STREET 2: 6TH FLOOR
CITY: SAN JOSE
STATE: CA
ZIP: 95002
BUSINESS PHONE: 4084043600
MAIL ADDRESS:
STREET 1: 6001 AMERICA CENTER DRIVE
STREET 2: 6TH FLOOR
CITY: SAN JOSE
STATE: CA
ZIP: 95002
FORMER COMPANY:
FORMER CONFORMED NAME: JDS UNIPHASE CORP /CA/
DATE OF NAME CHANGE: 19990713
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2021-08-28
0000912093
VIAVI SOLUTIONS INC.
VIAV
0001278725
KHAYKIN OLEG
C/O VIAVI SOLUTIONS INC.
7047 E GREENWAY PKWY SUITE 250
SCOTTSDALE
AZ
85254
1
President & CEO
Common Stock
2021-08-28
4
M
0
17288
0
A
543550
D
Common Stock
2021-08-28
4
F
0
6803
16.67
D
536747
D
Common Stock
2021-08-28
4
M
0
16277
0
A
553024
D
Common Stock
2021-08-28
4
F
0
6405
16.67
D
546619
D
Common Stock
2021-08-28
4
M
0
87851
0
A
634470
D
Common Stock
2021-08-28
4
F
0
34570
16.67
D
599900
D
Restricted Stock Units
0
2021-08-28
4
M
0
17288
0
D
Common Stock
17288
0
D
Restricted Stock Units
0
2021-08-28
4
M
0
16277
0
D
Common Stock
16277
65107
D
Restricted Stock Units
0
2021-08-28
4
M
0
87851
0
D
Common Stock
87851
175703
D
Market Stock Units
0
2021-08-28
4
A
0
207591
0
A
Common Stock
207591
207591
D
Restricted Stock Units
0
2021-08-28
4
A
0
207591
0
A
Common Stock
207591
207591
D
Each unit converts upon vesting into one share of common stock.
These 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.
Units subject to the Award shall vest annually in three equal installments over three years.
There are no expiration dates on RSUs
See Exhibit 99 - FY2022 MSU Exhibit for vesting schedule and terms
There are no expiration dates on MSUs.
/s/ Barbara R. Wallace, attorney-in-fact
2021-08-31
EX-99
2
doc1.txt
MISCELLANEOUS (PUBLIC): FY2022 MSU EXHIBIT
MSU Grant Exhibit:
The number of RSUs that vest will be based on the Company's total stockholder
return ("TSR") relative to the performance of the component companies in the
NASDAQ Telecommunications Index (the "NASDAQ Telecom Index") measured over a
three-year performance period covering fiscal years 2022 through 2024, with
one-year (fiscal 2022), two-year (fiscal 2022 and 2023), and three-year
(fiscal 2022, 2023, and 2024) performance periods. The TSR for each period
will be compared against the period of August 1, 2021 to September 15, 2021.
The RSU award will be divided into three equal tranches, with one tranche
assigned to each measurement period.
The actual number of shares that vest will be determined by the Compensation
Committee after the end of each measurement period based on the relative TSR
for the period and will range from 0% to 150% of the target amount for that
period. In order to vest in 100% of the target number of RSUs, the Company's
TSR must be at the 55th percentile of the NASDAQ Telecom Index for each
measurement period.
The actual percentage of shares earned will be determined by the Committee at
the end of each year of the MSU Performance Period and will be interpolated
on a linear basis for performance between threshold and target for each level
of achievement as follows:
Performance Threshold/Target............Shares Earned
0-25th Percentile.......................0% of Target Shares
25th-55th Percentile....................0%-100% of Target Shares
55th-100th Percentile...................100%-150% of Target Shares
Each earned unit converts into one share of common stock on the vesting date.