12/02/2024 | Press release | Distributed by Public on 12/02/2024 12:14
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 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 | ||||||||
Market Stock Units | $ 0 | 11/28/2024 | M | 39,783 | (3) | (4) | Common Stock | 39,783 | $ 0 | 197,831 | D | ||||
Market Stock Units | $ 0 | 11/28/2024 | M | 22,851 | (5) | (4) | Common Stock | 22,851 | $ 0 | 75,758 | D | ||||
Restricted Stock Unit | $ 0 | 11/28/2024 | M | 65,944 | (3) | (6) | Common Stock | 65,944 | $ 0 | 197,830 | D | ||||
Restricted Stock Unit | $ 0 | 11/28/2024 | M | 37,879 | (7) | (6) | Common Stock | 37,879 | $ 0 | 75,757 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Daskal Ilan C/O VIAVI SOLUTIONS INC. 1445 SOUTH SPECTRUM BLVD, SUITE 102 CHANDLER, AZ 85286 |
EVP, CFO |
/s/ Donna T. Rossi, attorney-in-fact | 12/02/2024 |
**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) | Each stock unit converts upon vesting into one share of common stock. |
(2) | These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the market stock award. The amount retained by the Company was not in excess of the amount of the tax liability. |
(3) | Units subject to the Award shall vest on the four year anniversary of the grant date. |
(4) | There are no expiration dates on MSUs. |
(5) | Units subject to the Award shall vest annually in three equal installments. |
(6) | There are no expiration dates on RSUs. |
(7) | Units subject to the Award shall vest annually in three equal installments |