Accession Number: | 0001209191-20-059332 |
Date: | 2020-11-17 |
Issuer: | VIASAT INC (VSAT) |
Original Submission Date: |
RYAN DAVID LOUIS
6155 EL CAMINO REAL
CARLSBAD, CA 92009
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
$.0001 PAR VALUE COMMON STOCK | 2020-11-17 | M | 1,250 | a | $0.00 | 6,795 | direct | ||
$.0001 PAR VALUE COMMON STOCK | 2020-11-17 | F | 659 | d | $35.66 | 6,136 | direct | ||
$.0001 PAR VALUE COMMON STOCK | 2020-11-17 | 0 | $0.00 | 1,131 | indirect | ||||
$.0001 PAR VALUE COMMON STOCK | 2020-11-17 | 0 | $0.00 | 69 | indirect |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
RESTRICTED STOCK UNIT | 0.0 | 2020-11-17 | deemed execution date | A | 20,053 (a) | common stock 20,053 | $0.00 | 20,053 | direct | |||
RESTRICTED STOCK UNIT | 0.0 | 2020-11-17 | deemed execution date | M | 750 (d) | common stock 750 | $0.00 | 0 | direct | |||
RESTRICTED STOCK UNIT | 0.0 | 2020-11-17 | deemed execution date | M | 500 (d) | common stock 500 | $0.00 | 500 | direct |
ID | footnote |
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f1 | 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. |
f2 | each restricted stock unit represents a contingent right to receive one share of viasat, inc. common stock. |
f3 | subject to the reporting person's election to defer the receipt of common stock, the units vest and convert into shares of common stock (on a 1-for-1 basis) at a rate of 1/4 on 12/17/2021; 1/4 on 11/17/2022; 1/4 on 11/17/2023 and 1/4 on 11/17/2024. |
f4 | until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the issuer. |
f5 | the original restricted stock unit grant was for 3,000 restricted stock units on 11/17/2016. subject to the reporting persons's continued employment with the issuer, the units vest and convert into shares of common stock (on a 1-for-1 basis) in four (4) equal annual installments beginning on 11/17/2017. |
f6 | the original restricted stock unit grant was for 2,000 restricted stock units on 11/17/2017. subject to the reporting persons's continued employment with the issuer, the units vest and convert into shares of common stock (on a 1-for-1 basis) in four (4) equal annual installments beginning on 11/17/2018. |