Viasat CTO Girish Chandran's 45,000 options vest
The option's reported terms include a $15.96 exercise price and an October 9, 2029 expiration date.
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Rhea-AI Filing Summary
Girish Chandran reported acquisition or exercise transactions in this Form 4 filing. Viasat Inc. officer Girish Chandran, CTO, SVP Engineering, reported vesting of an employee stock option covering 45,000 common shares on October 9, 2026. The reported post-transaction option position is 45,000 shares. The option is fully vested and currently exercisable at $15.96 per share, and expires October 9, 2029. A footnote says the option became fully vested with respect to 75,000 shares after Viasat's stock price exceeded certain stock-price hurdles; this report covers additional vesting above the target performance level.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | employee stock option (right to buy) F1, F2 | 45,000 | $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 75,000 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
employee stock option financial
performance-based vesting conditions financial
target performance level financial
currently exercisable financial
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