Company: VSAT
Filing Date: 2025-07-25
Form Type: DEF 14A
Source: 0001193125-25-165436
Chunk: 23

Company: VIASAT INC
Filing Date: 2025-07-25
Form: DEF 14A
Chunk 23
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 Plan by two shares for every one share subject to such awards under the fungible ratio applicable under the Equity Plan. Thus, the fiscal year 2026 annual grants from the Committed Award Pool will essentially exhaust the shares remaining available for issuance under the Equity Plan, reducing the available shares from 13,222,240 to 1,222,240 shares. As such, these awards represent shares under the existing share reserve under the Equity Plan that were previously approved by stockholders. If our stockholders approve the Restated Plan and the request for the additional shares described in this proposal, the number of shares available for future issuance under the Restated Plan will be as set forth below, which shares are expected to be sufficient to cover approximately one year’s worth of awards, including our fiscal year 2027 annual equity awards that are expected to be granted in June 2026. Summary of Material Amendments . The Restated Equity Plan will implement the following material changes:

| • |     | Amendment to Share Reserve. As of the Restatement Effective Date, the number of shares available for grant under the Restated Equity Plan will be (1) 6,410,000 shares, minus (2) one share for every share subject to awards granted under the Equity Plan on or after July 1, 2025 and prior to the Restatement Effective Date in excess of the Committed Award Pool of 6,000,000 shares, plus (3) the number of shares, if any, subject to awards outstanding under the Equity Plan on July 1, 2025 or granted after such date under the Equity Plan or, following the Restatement Effective Date, the Restated Equity Plan, that again become available for issuance on or after July 1, 2025 in accordance with the share counting provisions of the Equity Plan, or following the Restatement Effective Date, the Restated Equity Plan, based on the deduction from the share reserve originally taken with respect to such awards. |

In June 2025, our Compensation and Human Resources Committee approved and committed to grant annual awards to employees consisting of full value awards with respect to the Committed Award Pool consisting of 6,000,000 shares. As of the date of this proxy statement, the Committed Award Pool has not yet been individually allocated to employees. Viasat does not expect to grant awards in excess of the 6,000,000 shares subject to the Committed Award Pool under the Equity Plan after July 1, 2025 and prior to