Company: VSAT
Filing Date: 2025-07-25
Form Type: DEF 14A
Source: 0001193125-25-165436
Chunk: 36

Company: VIASAT INC
Filing Date: 2025-07-25
Form: DEF 14A
Chunk 36
---
 the stock appreciation right on its exercise, (3) any shares purchased on the open market with the cash proceeds from the exercise of options, and (4) any shares tendered by the holder or withheld by us to satisfy any tax withholding obligation with respect to a full value award at a tax withholding rate in excess of the minimum tax withholding obligation, to the extent in excess of such minimum tax withholding obligation. Any shares that again become available for future awards pursuant to the share counting provisions of the Restated Equity Plan will be added to the share reserve as follows: (1) one share for every share subject to awards granted on or after the Restatement Effective Date or award granted prior to the Restatement Effective Date other than full value awards granted under the Equity Plan prior to the Restatement Effective Date, (2) subject to clause (3), two shares for every share subject to a full value award granted under the Equity Plan prior to the Restatement Effective Date, and (3) to the extent the number of

| 24 |

PROPOSAL 4: •Amendment and Restatement of the 1996 Equity Participation Plan shares subject to awards granted under the Plan on or after July 1, 2025 and prior to the Restatement Effective Date exceeds the Committed Award Pool of 6,000,000 shares, one share for every share subject to such awards in excess of 6,000,000 shares. The number of shares subject to the Restated Equity Plan, and the limitations on the number of shares subject to grants and awards under the Restated Equity Plan, may in the discretion of the plan administrator be adjusted to reflect changes in our capitalization or certain corporate events which are described more fully in the Restated Equity Plan, but include stock splits, recapitalizations, reorganizations and reclassifications. In the event of an equity restructuring, (1) the number and type of securities subject to each outstanding award and the grant or exercise price per share for each outstanding award, if applicable, will be proportionately adjusted, and (2) the plan administrator will make proportionate adjustments to reflect such equity restructuring with respect to the aggregate number and type of shares that may be issued under the Restated Equity Plan (including, but not limited to, adjustments of the number of shares available under the plan and the maximum number of shares which may be subject to awards to a participant during any fiscal year). Under the Restated Equity Plan, not more than 2,000,000 shares may be subject to options