[Form 4] Viasat Inc Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Insider Trade Summary
46,569 shares exercised/converted
Mixed
6 txns
Insider
DANKBERG MARK D
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | restricted stock unit | 46,569 | $0.00 | -- |
| Exercise | $.0001 par value common stock | 46,569 | $0.00 | -- |
| Tax Withholding | $.0001 par value common stock | 25,078 | $15.93 | $399K |
| Gift | $.0001 par value common stock | 21,491 | $0.00 | -- |
| Gift | $.0001 par value common stock | 21,491 | $0.00 | -- |
| holding | $.0001 par value common stock | -- | -- | -- |
Holdings After Transaction:
restricted stock unit — 93,137 shares (Direct);
$.0001 par value common stock — 46,569 shares (Direct);
$.0001 par value common stock — 1,730,662 shares (Indirect, By Trust)
Footnotes (1)
- 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. The restricted stock unit was granted to Mark Dankberg, an officer of Viasat, Inc. Upon vesting the shares were contributed to The Dankberg Family Trust. The original restricted stock unit grant was for 139,706 units on 06/07/2024. 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 1/3 on the 13th month anniversary of the grant date; 1/3 on the second anniversary of the grant date; and 1/3 on the third anniversary of the grant date. Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of employment or service with the Issuer.
