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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
common stock option (right to buy) | $ 61.6 | 09/06/2018 | A | 5,000 | (3) | 09/06/2024 | common stock | 5,000 | $ 0 | 5,000 | D | ||||
restricted stock unit | (4) | 09/06/2018 | A | 1,600 | (5) | (6) | common stock | 1,600 | $ 0 | 1,600 | D | ||||
restricted stock unit | $ 0 | 09/07/2018 | M | 1,600 | 09/07/2018 | (6) | common stock | 1,600 | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
LAY B ALLEN 6155 EL CAMINO REAL CARLSBAD, CA 92009 |
X |
Kathleen K. Hollenbeck, under power of attorney | 09/10/2018 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The restricted stock unit was granted to B. Allen Lay, a director of ViaSat, Inc. Upon vesting the shares were contributed to The Lay Living Trust. |
(2) | 186,026 shares are held by Lay Ventures, L.P. Mr. Lay and his wife are general partners of Lay Ventures, L.P. In addition, Mr. Lay and his wife are the trustees of The Lay Living Trust which holds 132,187 shares. The Lay Living Trust owns a 2% interest in Lay Ventures, L.P. Mr. Lay disclaims beneficial ownership of the shares held by Lay Ventures, L.P. except to the extent of his pecuniary interest therein. |
(3) | The option vests on September 6, 2019. |
(4) | Each restricted stock unit represents a contingent right to receive one share of ViaSat,Inc. common stock. |
(5) | Subject to the reporting person's continued service as a Director of the Issuer, this award will vest and convert into shares of common stock of the Issuer on September 6, 2019. |
(6) | Until vested, the restricted stock unit shall be subject to forfeiture in the event of termination of the directorship with the Issuer. |