Company: VSAT
Filing Date: 2025-07-25
Form Type: DEF 14A
Source: 0001193125-25-165436
Chunk: 44

Company: VIASAT INC
Filing Date: 2025-07-25
Form: DEF 14A
Chunk 44
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| Each other person who received or is to receive 5% of such options, warrants or rights |     |                   |     |         — |     |                       |     |       — |     |                    |     |       — |
| All other employees, as a group                                                        |     |                   |     | 3,571,963 |     |                       |     |  88,737 |     |                    |     | 807,535 |

| (1) | For purposes of the table above, TSR performance stock units are reflected at “target” performance levels and financial performance stock units are reflected at 150% of “target” performance levels. Performance stock options are included at “target” levels. For a more detailed discussion of the performance awards granted to our Named Executive Officers, see the “Executive Compensation” section below. |

Recommendation of the Board The Board unanimously recommends that you vote “ FOR” the amendment and restatement of the Equity Plan.

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PROPOSAL 5: Amendment and Restatement of the Employee Stock Purchase Plan Overview We are requesting that our stockholders approve the amendment and restatement of our existing Employee Stock Purchase Plan, or the Purchase Plan. In this proxy statement, we sometimes refer to the proposed amended and restated Employee Stock Purchase Plan as the Restated Purchase Plan. On July 7, 2025, our Board approved the Restated Purchase Plan, subject to stockholder approval at the annual meeting. The Restated Purchase Plan will become effective on the day of the annual meeting, assuming approval of this Proposal 5 by our stockholders. If approved by the stockholders, the Restated Purchase Plan will provide for an increase of 5,000,000 shares over the 11,950,000 shares of common stock currently authorized for issuance under the existing Purchase Plan, for a total of 16,950,000 shares. As of July 1, 2025, 3,927,437 shares remained available for purchase under the existing Purchase Plan. In general, stockholder approval of the Restated Purchase Plan will implement the foregoing share reserve increase while (1) complying with the terms of the Purchase Plan regarding amendments, (2) meeting the stockholder approval requirements of Nasdaq, and (3) allowing us to continue to grant purchase rights under the Section 423 Component of the Restated Purchase Plan (as described below) that are intended to qualify for favorable tax treatment under Section 423 of the Code. If this Proposal