Company: VSAT
Filing Date: 2025-07-25
Form Type: DEF 14A
Source: 0001193125-25-165436
Chunk: 46

Company: VIASAT INC
Filing Date: 2025-07-25
Form: DEF 14A
Chunk 46
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.02%, 4.38%, and 1.79%, respectively (calculated by dividing the number of shares remaining available for issuance under the Purchase Plan by the number of our shares outstanding at the end of the applicable fiscal year). If approved, the issuance of the additional 5,000,000 shares reserved under the Restated Purchase Plan would dilute the holdings of stockholders by an additional 3.73%, based on the number of shares of Viasat common stock outstanding as of July 1, 2025. Based on this historical usage of shares under the Purchase Plan, we estimate that the additional authorized shares being requested under the Restated Purchase Plan would be sufficient for awards for approximately four additional six-monthoffering periods; however, we reserve the right to request additional shares for issuance under the Restated Purchase Plan prior to that date). However, the actual usage rate of the Restated Purchase Plan may differ from historical usage rates and will depend on various factors, including employee participation levels, changes in our stock price and hiring activity, which we

| 2025 Proxy Statement   29 |

PROPOSAL 5: •Amendment and Restatement of the Employee Stock Purchase Plan cannot predict with any degree of certainty at this time. The total aggregate equity value of the 5,000,000 additional shares being requested, based on the per share closing price of Viasat common stock on July 1, 2025 ($14.81), is approximately $74.1 million. The Board will not create a subcommittee to evaluate the risks and benefits for issuing the additional authorized shares requested. Summary of the Restated Purchase Plan The following is a summary of the Restated Purchase Plan. This summary does not purport to be complete, and is qualified in its entirety by reference to the full text of the Restated Purchase Plan, a copy of which is attached as Appendix Bto this proxy statement. General Nature and Purpose. The primary purpose of the Restated Purchase Plan is to provide employees an opportunity to participate in the ownership of the company by purchasing Viasat common stock through payroll deductions. The Restated Purchase Plan is intended to benefit Viasat as well as its stockholders and employees. The Restated Purchase Plan gives employees an opportunity to purchase shares of common stock at a discounted price. Employees make such purchases by participation in the regular offering periods under the Restated Purchase Plan. We believe that our stockholders correspondingly benefit from the increased interest on the part of participating employees