Company: VSAT
Filing Date: 2025-07-25
Form Type: DEF 14A
Source: 0001193125-25-165436
Chunk: 49

Company: VIASAT INC
Filing Date: 2025-07-25
Form: DEF 14A
Chunk 49
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 or the grant of a purchase right to such employee in compliance with the laws of such foreign jurisdiction would cause the Restated Purchase Plan to violate the requirements of Section 423 of the Code, as determined by the Compensation and Human Resources Committee in its sole discretion, such employee will not be permitted to participate in the Section 423 Component of the Restated Purchase Plan. In addition, with respect to the Non-Section 423Component, all of the foregoing rules will apply in determining who is an eligible employee, except (1) the plan administrator may limit eligibility further within a participating company so as to only designate some employees of a participating company as eligible employees, or (2) to the extent such eligibility rules are not consistent with applicable local laws. As of July 1, 2025, substantially all of our approximately 6,800 employees were eligible to participate in the Purchase Plan (and would have been eligible to participate in the Restated Purchase Plan had it been in effect on such date), and approximately 2,600 of such eligible employees were participating. Offering Periods. There is generally one offering period under the Restated Purchase Plan during each six-monthperiod commencing February 1 and August 1 of each year of the Restated Purchase Plan. The current offering period will end on July 31, 2025. The first day of an offering period is referred to as the Grant Date. The last trading day of an offering period is referred to as the Exercise Date. Purchase Price. The purchase price per share at which shares will be sold in an offering under the Restated Purchase Plan is the lower of (1) 85% of the fair market value of a share of Viasat common stock on the Grant Date or (2) 85% of the fair market value of a share of Viasat common stock on the Exercise Date. The fair market value per share of Viasat common stock on a given date is the closing price as reported by Nasdaq on such date or, if shares are not traded on such date, then on the most recent trading day during which a sale occurred. On July 1, 2025, the closing price of Viasat common stock on the Nasdaq Global Select Market was $14.81 per share. Payment of Purchase Price; Payroll Deductions. The purchase price of the shares is generally accumulated by payroll deductions over the offering period unless payroll deductions are not permitted in a jurisdiction outside the United States. Each participant may authorize automatic payroll deductions in any multiple