SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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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1. Name and Address of Reporting Person*
Palmer Benjamin Edward

(Last) (First) (Middle)
6155 EL CAMINO REAL

(Street)
CARLSBAD CA 92009

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
09/07/2023
3. Issuer Name and Ticker or Trading Symbol
VIASAT INC [ VSAT ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President, Maritime
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
$.0001 par value common stock 17,581 I(1) By Ogier Global Trustee (Jersey), Limited
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
restricted stock units (2) (3) common stock 20,000 $0.00 D
Explanation of Responses:
1. Represents shares issued in exchange for the sale of shares of Connect Topco Limited ("Inmarsat") pursuant to that certain Share Purchase Agreement, dated as of November 8, 2021, by and among the Issuer, the former shareholders of Inmarsat and certain management and employees of Inmarsat who held options and shares of a subsidiary of Inmarsat that were exchanged for shares of Inmarsat prior to closing, in connection with the acquisition by the Issuer of Inmarsat on May 30, 2023. These shares are held subject to a nominee arrangement under which legal title to the shares is required to be held by Ogier Global Trustee (Jersey), Limited until May 30, 2024, with legal title to the shares required to be transferred to the Reporting Person thereafter.
2. The original award was for 20,000 restricted stock units on 08/17/2023. Subject to the Reporting Person's continued employment with the Issuer, the units vest and convert into shares of common stock of the Issuer (on a 1-for-1 basis) in four (4) equal annual installments beginning on 08/17/2024.
3. Until vested, the restricted stock units shall be subject to forfeiture in the event of termination of employment with the Issuer.
Remarks:
Exhibit 24: Power of Attorney attached herewith.
Kathleen K. Hollenbeck, Attorney-in-Fact 09/15/2023
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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