Company: VSAT
Filing Date: 2025-07-25
Form Type: DEF 14A
Source: 0001193125-25-165436
Chunk: 83

Company: VIASAT INC
Filing Date: 2025-07-25
Form: DEF 14A
Chunk 83
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) | This column represents the grant date fair value, calculated in accordance with SEC rules, of each equity award. These amounts generally reflect the amount that we expect to expense in our financial statements over the award’s vesting schedule, and do not correspond to the actual value that will be realized by the Named Executive Officers. For additional information on the valuation assumptions used in the calculation of these amounts, refer to note 9 to the financial statements included in our annual report on Form 10-K for the fiscal year ended March 31, 2025, as filed with the SEC. |

| (4) | Represents the TSR performance stock units that are eligible to vest based on Viasat’s relative TSR performance as compared to the Russell 3000 Index during a three-year performance period ending May 31, 2027, subject to the Named Executive Officer’s continued service through the vesting date. The number of TSR performance stock units that will ultimately become vested at the end of the three-year performance period will range from 0% to 175% of the target number of performance stock units. |

| 2025 Proxy Statement   55 |

EXECUTIVE COMPENSATION •Grants of Plan-Based Awards in Fiscal Year 2025

| (5) | Represents the financial performance stock units that were eligible to vest based on Viasat’s performance relative to free cash flow, CapEx and revenue during fiscal year 2025. The number of financial performance stock units that were eligible to ultimately become vested based on performance during the one-year performance period ranged from 0% to 175% of the target number of performance stock units. The performance period applicable to the financial performance stock units ended on March 31, 2025, and in May 2025, our Committee certified performance relative to the performance metrics and determined that 150% of the “target” financial performance stock units were earned. The resulting performance-earned units will vest in three equal annual installments on each of the first three anniversaries of the grant date. The first such installment vested in June 2025. |

| (6) | Restricted stock units vest in three equal annual installments on each of February 17, 2025, 2026 and 2027. |

| 56 |

EXECUTIVE COMPENSATION • Outstanding Equity Awards at 2025 Fiscal Year End Outstanding Equity Awards at 2025 Fiscal Year End The following table lists all outstanding equity awards held by each of the Named