Filing Details

Accession Number:
0000912093-20-000078
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-09-29 21:38:01
Reporting Period:
2020-09-25
Accepted Time:
2020-09-29 21:38:01
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
912093 Viavi Solutions Inc. VIAV Semiconductors & Related Devices (3674) 942579683
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1634069 Christopher Kevin Siebert C/o Viavi Solutions Inc.
6001 America Center Drive, 6Th Floor
San Jose CA 95002
Svp Gen. Counsel & Secretary No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-09-25 27,389 $0.00 64,046 No 4 M Direct
Common Stock Disposition 2020-09-25 8,245 $11.56 55,801 No 4 F Direct
Common Stock Disposition 2020-09-28 15,315 $11.86 40,486 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Market Stock Units Disposition 2020-09-25 9,112 $0.00 9,112 $0.00
Common Stock Market Stock Units Disposition 2020-09-25 12,500 $0.00 12,500 $0.00
Common Stock Market Stock Units Disposition 2020-09-25 5,777 $0.00 5,777 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2020-09-25 No 4 M Direct
8,334 2020-09-25 No 4 M Direct
16,667 2020-09-25 No 4 M Direct
Footnotes
  1. Each 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 restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability.
  3. Shares were sold pursuant to a Rule 10b5-1 Stock Trading Plan.
  4. This transaction was executed in multiple trades at prices ranging from $11.74 to $11.95. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
  5. Shares reflect the vesting of the 3rd tranche of market-leveraged stock units granted on August 28, 2017 at 124.25% of target based on our total stockholder return during the performance periods as stated on the grant agreement.
  6. There are no expiration dates on MSUs.
  7. Shares reflect the vesting of the 2nd tranche of market-leveraged stock units granted on August 28, 2018 at 150% of target based on our total stockholder return during the performance periods as stated on the grant agreement.
  8. Shares reflect the vesting of the 1st tranche of market-leveraged stock units granted on August 28, 2019 at 69.33% of target based on our total stockholder return during the performance periods as stated on the grant agreement.