Statement of Changes in Beneficial Ownership (4)
09 Junho 2023 - 05:22PM
Edgar (US Regulatory)
FORM 4
☐ Check this
box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
|
OMB
APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5 |
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
|
|
1. Name
and Address of Reporting Person * Dodd James
Michael |
2. Issuer Name and Ticker or Trading
Symbol VIASAT INC [ VSAT ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director _____
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
President, Global Mobile |
(Last)
(First)
(Middle)
6155 EL CAMINO REAL |
3. Date of Earliest Transaction (MM/DD/YYYY)
6/7/2023
|
(Street)
CARLSBAD, CA 92009 |
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
(City)
(State)
(Zip)
|
Rule 10b5-1(c) Transaction Indication
☐ Check this box to indicate
that a transaction was made pursuant to a contract, instruction or
written plan that is intended to satisfy the affirmative defense
conditions of Rule 10b5-1(c). See Instruction 10. |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
|
1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following
Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
Amount |
(A) or (D) |
Price |
$.0001 par value common
stock |
6/7/2023 |
|
M |
|
6609 |
A |
$0.00 |
25457 |
D |
|
$.0001 par value common
stock |
6/7/2023 |
|
F(1) |
|
2601 |
D |
$45.32 |
22856 |
D |
|
$.0001 par value common
stock |
|
|
|
|
|
|
|
659 |
I |
By 401(k) |
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
|
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying
Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially
Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct
(D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
restricted stock unit |
$0.00 |
6/7/2023 |
|
M |
|
|
6609 |
(2) |
(3) |
common stock |
6609 |
$0.00 |
6609 |
D |
|
restricted stock unit |
(4) |
6/7/2023 |
|
A |
|
17670 |
|
(5) |
(3) |
common stock |
17670 |
$0.00 |
17670 |
D |
|
Explanation of
Responses: |
(1) |
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. |
(2) |
The original restricted
stock unit grant was for 26,438 restricted stock units on
06/07/2020. Subject to the reporting persons election to defer the
receipt of the common stock, the units vest and convert into shares
of common stock (on a 1 for 1 basis) at the rate of 1/4 on the 13th
month anniversary of the grant date and 1/4 on each of the second,
third and fourth anniversary of the grant date. |
(3) |
Until vested, the restricted
stock unit shall be subject to forfeiture in the event of
termination of employment or service with the Issuer. |
(4) |
Each restricted stock unit
represents a contingent right to receive one share of Viasat, Inc.
common stock. |
(5) |
Subject to the reporting
persons election to defer the receipt of the common stock, the
units vest and convert into shares of common stock (on a 1 for 1
basis) at the rate of 1/4 on the 13th month anniversary of the
grant date and 1/4 on each of the second, third and fourth
anniversary of the grant date. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
Dodd James Michael
6155 EL CAMINO REAL
CARLSBAD, CA 92009 |
|
|
President, Global Mobile |
|
Signatures
|
Kathleen K. Hollenbeck,
Attorney-in-Fact |
|
6/9/2023 |
**Signature of Reporting
Person |
Date |
Reminder: Report on a separate line for each class
of securities beneficially owned directly or
indirectly. |
* |
If the form is filed by more than one
reporting person, see Instruction 4(b)(v). |
** |
Intentional misstatements or omissions
of facts constitute Federal Criminal Violations. See 18
U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: |
File three copies of this Form, one of
which must be manually signed. If space is insufficient, see
Instruction 6 for procedure. |
Persons who respond to the collection of information
contained in this form are not required to respond unless the form
displays a currently valid OMB control number. |
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