Company: VSAT
Filing Date: 2025-07-25
Form Type: DEF 14A
Source: 0001193125-25-165436
Chunk: 116

Company: VIASAT INC
Filing Date: 2025-07-25
Form: DEF 14A
Chunk 116
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 market with the cash proceeds from the exercise of Options. Shares tendered by a Grantee or a Restricted Stockholder or withheld by the Company to satisfy any tax withholding obligation with respect to a Full Value Award shall be available for future grants of awards and added to the Share Limit in an amount corresponding to the reduction in the share reserve previously made with respect to such Full Value Award under the Plan at the time of grant; provided, however, that, notwithstanding the foregoing, in the event shares of Common Stock subject to any such Full Value Award are tendered by a Grantee or a Restricted Stockholder or withheld by the Company to satisfy any tax withholding obligation at a tax withholding rate in excess of the employer’s minimum statutory withholding rates for federal, state, local and foreign income tax and payroll tax purposes, such shares of Common Stock tendered or withheld to satisfy the tax withholding at a rate in excess of the employer’s minimum statutory withholding obligation shall not be available for future grants of awards under the Plan. Any shares of Common Stock forfeited by a Grantee or a Restricted Stockholder or repurchased by the Company under Section 6.6 or Article VII will again be available for future grants of awards and added to the Share Reserve in an amount corresponding to the reduction in the share reserve previously made with respect to such award under the Plan. The payment of Dividend Equivalents in cash in conjunction with any outstanding awards shall not be counted against the shares available for issuance under the Plan. Notwithstanding the provisions of this Section 2.2, no shares of Common Stock may again be optioned, granted or awarded if such action would cause an Incentive Stock Option to fail to qualify as an incentive stock option under Section 422 of the Code. Any shares that again become available for awards under the Plan and are added to the Share Limit pursuant to this Section 2.2 shall be added as (x) one (1) share for every share subject to awards granted on or after the Restatement Effective Date or awards granted prior to the Restatement Effective Date other than Full Value Awards, (y) subject to clause (z), two (2) shares for every share subject to Full Value Awards granted under the Plan prior to the Restatement Effective Date, and (z) to the extent the number of shares subject to awards granted under the Plan on or after July 1, 2025 and prior to the Restatement Effective Date exceeds 6,000,000 shares, one (1) share for every share subject to any