Viasat: Palmer's options vest on 67,500 more shares
Viasat’s SVP, Pres Commercial reported options covering an additional 67,500 shares above target performance, exercisable at $15.96 per share.
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Rhea-AI Filing Summary
Benjamin Edward Palmer reported acquisition or exercise transactions in this Form 4 filing. Viasat Inc. (VSAT) reported that an additional employee stock option held by Benjamin Edward Palmer, SVP, Pres Commercial, vested on October 9, 2026, covering 67,500 common shares above the target performance level. The option is fully vested and currently exercisable at $15.96 per share, and expires October 9, 2029. The reported post-transaction position was 67,500 underlying shares; a footnote states the option fully vested with respect to 112,500 shares after Viasat’s stock price exceeded certain stock price hurdles.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | employee stock option (right to buy) F1, F2 | 67,500 | $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 112,500 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 vesting conditions financial
performance-based vesting conditions financial
target performance level financial
currently exercisable financial
FAQ
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How many additional Viasat (VSAT) options vested?
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