Company: VSAT
Filing Date: 2025-05-27
Form Type: 10-K
Source: 0000950170-25-077138
Chunk: 134

Company: VIASAT INC
Filing Date: 2025-05-27
Form: 10-K
Item: Item 6
Chunk 134
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5.0 years

         5.0 years

         5.0 years

         —
          
         4.6 years

         5.0 years

         0.5 years

         0.5 years

         0.5 years

        The Company’s expected volatility is a measure of the amount by which its stock price is expected to fluctuate over the expected term of the stock-based award. The estimated volatilities for stock options and market-based performance options are based on the historical volatility calculated using the daily stock price of the Company’s stock over a recent historical period equal to the expected term. The risk-free interest rate that the Company uses in determining the fair value of its stock-based awards is based on the implied yield on U.S. Treasury zero-coupon issues with remaining terms equivalent to the expected term of its stock-based awards. The expected terms or lives of stock options and market-based performance stock options represent the expected period of time from the date of grant to the estimated date that the stock options under the Company’s Equity Participation Plan would be fully exercised. The expected term assumption is estimated based primarily on the options’ vesting terms and remaining contractual life and employees’ expected exercise and post-vesting employment termination behavior. 

F-42

VIASAT, INC.NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - (Continued) 

A summary of stock option activity for fiscal year 2025 is presented below:  

         Number ofShares

         WeightedAverageExercise Priceper Share

         Weighted AverageRemainingContractualTerm in Years

         AggregateIntrinsicValue(In thousands)

         Outstanding at March 31, 2024

         221,949

         $
         51.95

         Options granted

         35,000

         17.33

         Options expired

         (68,231
         )

         61.67

         Options exercised
          
         —

         —

         Outstanding at March 31, 2025

         188,718

         $
         42.02

         2.9

         $
         —

         Vested and exercisable at March 31, 2025

         152,718

         $
         46.72

         2.3

         $
         —

        The total intrinsic value of stock options exercised during fiscal years 2025, 2024 and 202