Viasat CEO Dankberg's option vests 225,000 more shares
The chairman and CEO’s option is currently exercisable at $15.96 per share and expires October 9, 2029.
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Rhea-AI Filing Summary
Mark D. Dankberg reported acquisition or exercise transactions in this Form 4 filing. Viasat Inc. reported that Chairman and CEO Mark D. Dankberg’s employee stock option was fully vested with respect to 375,000 common shares on October 9, 2026, after Viasat’s stock price exceeded certain hurdles. The reported vesting covers an additional 225,000 shares above the target performance level. The option is currently exercisable at $15.96 per share and expires October 9, 2029.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | employee stock option (right to buy) F1, F2 | 225,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. The Reporting Person previously filed a Form 4 on 11/21/2023 (the "Original Form 4") reporting the grant of an employee stock option that was subject to both time-based and performance-based vesting conditions. The Original Form 4 reported the number of shares underlying the option based on the target performance level. As a result of Viasat's stock price exceeding certain stock price hurdles, on October 9, 2026, the stock option fully vested with respect to 375,000 shares of Common Stock, and this Form 4 is being filed to report the vesting of additional shares above the target performance level.
- F2. The stock option is fully vested and currently exercisable.
Key Figures
Key Terms
time-based and performance-based vesting conditions financial
fully vested financial
currently exercisable financial
exercise price financial
FAQ
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What vesting conditions applied to Mark D. Dankberg’s VSAT option?
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