Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-20-059356
Date:2020-11-17
Issuer: VIASAT INC (VSAT)
Original Submission Date:

Reporting Person:

LIPPERT KEVEN K
6155 EL CAMINO REAL
CARLSBAD, CA 92009

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
$.0001 PAR VALUE COMMON STOCK 2020-11-17 M 7,500 a $0.00 9,616 direct
$.0001 PAR VALUE COMMON STOCK 2020-11-17 F 3,950 d $35.66 5,666 direct
$.0001 PAR VALUE COMMON STOCK 2020-11-17 0 $0.00 2,021 indirect
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
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 ExercisableExpiration 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 17,825 (a) common stock 17,825 $0.00 17,825 direct
RESTRICTED STOCK UNIT 0.0 2020-11-17 deemed execution date M 3,750 (d) common stock 3,750 $0.00 0 direct
RESTRICTED STOCK UNIT 0.0 2020-11-17 deemed execution date M 3,750 (d) common stock 3,750 $0.00 3,750 direct
Footnotes
IDfootnote
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 includes 223 shares of common stock the reporting person acquired under the viasat 401(k)plan, since the date of the reporting person's last ownership report.
f3 each restricted stock unit represents a contingent right to receive one share of viasat, inc. common stock.
f4 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.
f5 until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the issuer.
f6 the original restricted stock unit grant was for 15,000 restricted stock units on 11/17/2016. 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; 1/4 on the second anniversary of the grant date; 1/4 on the third anniversary and 1/4 on the fourth anniversary of the grant date.
f7 the original restricted stock unit grant was for 15,000 restricted stock units on 11/17/2017. 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; 1/4 on the second anniversary of the grant date; 1/4 on the third anniversary and 1/4 on the fourth anniversary of the grant date.
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