UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
ViaSat, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
92552V100
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(CUSIP Number)
April 30, 2012
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(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|_| Rule 13d-1(b)
|X| Rule 13d-1(c)
|_| Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
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SCHEDULE 13G
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CUSIP NO. 92552V100 Page 2 of 5
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1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
FPR Partners, LLC
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [X]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware, United States
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5. SOLE VOTING POWER
3,398,509
NUMBER OF ---------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH ---------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON WITH:
3,398,509
---------------------------------------------------------
8. SHARED DISPOSITIVE POWER
0
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,398,509
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10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.9%
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12. TYPE OF REPORTING PERSON (See Instructions)
IA
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SCHEDULE 13G
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CUSIP NO. 92552V100 Page 3 of 5
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1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
BART Partners, LLC
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [X]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware, United States
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5. SOLE VOTING POWER
0
NUMBER OF ---------------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
EACH ---------------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON WITH:
0
---------------------------------------------------------
8. SHARED DISPOSITIVE POWER
0
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
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10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES (See Instructions) [ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.0%
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12. TYPE OF REPORTING PERSON (See Instructions)
OO
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SCHEDULE 13G
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CUSIP NO. 92552V100 Page 4 of 5
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This Amendment No. 2 to Schedule 13G relates to the Common Stock, par value
of $0.0001 per share (the "Common Stock") of ViaSat, Inc., a Delaware
corporation (the "Issuer"), which has its principal executive office at 6155 El
Camino Real, Carlsbad, CA 92009. This Amendment No. 2 amends and supplements,
as set forth below, the initial Schedule 13G, filed January 9, 2012, and the
Amendment No. 1 to Schedule 13G, filed February 29, 2012, filed by BART
Partners, LLC, relating to the Common Stock (collectively, the "Schedule 13G").
This Amendment No. 2 constitutes an "exit" filing with respect to the
Schedule 13G by BART Partners, LLC but not as to FPR Partners, LLC. BART
Partners, LLC has delegated its authority as the Reporting Person with respect
to the Common Stock to FPR Partners, LLC.
Item 1. Issuer
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(a) Name of Issuer:
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ViaSat, Inc.
(b) Address of Issuer's Principal Executive Offices:
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6155 El Camino Real
Carlsbad, CA 92009
Item 2. Identity And Background
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(a) Name of Person Filing:
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This Schedule 13G is being filed jointly on behalf of FPR Partners,
LLC and BART Partners, LLC (each a "Reporting Person"). The
agreement among the Reporting Persons relating to the joint filing
of this Schedule 13G is attached as Exhibit 1 hereto.
(b) Address of Principal Business Office or, if none, Residence:
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The address of the principal office of each Reporting Person is
199 Fremont Street, Suite 2500, San Francisco, CA 94105-2261.
(c) Citizenship:
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Each Reporting Person is a limited liability company organized under
the laws of the State of Delaware.
(d) Title of Class of Securities:
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Common Stock
(d) CUSIP Number:
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92552V100
Item 3. If this statement is filed pursuant to 240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
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(a) [ ] Broker or dealer registered under section 15 of the
Act (15 U.S.C. 78o);
(b) [ ] Bank as defined in section 3(a)(6) of the Act
(15 U.S.C. 78c);
(c) [ ] Insurance company as defined in section 3(a)(19) of
the Act (15 U.S.C. 78c);
(d) [ ] Investment company registered under section 8 of the
Investment Company Act of 1940 (15 U.S.C 80a-8);
(e) [ ] An investment adviser in accordance with
240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance
with 240.13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance
with 240.13d-1(b)(1)(ii)(G);
(h) [ ] A savings associations as defined in Section 3(b) of
the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition
of an investment company under section 3(c)(14) of
the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] A non-U.S. institution in accordance with
240.13d-1(b)(1)(ii)(J);
(k) [ ] Group, in accordance with 240.13d-1(b)(1)(ii)(K).
Item 4. Ownership
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FPR Partners, LLC:
(a) Amount beneficially owned: 3,398,509
(b) Percent of class: 7.9%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 3,398,509
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the disposition of: 3,398,509
(iv) Shared power to dispose or to direct the disposition of: 0
BART Partners, LLC:
(a) Amount beneficially owned: 0
(b) Percent of class: 0.0%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the disposition of: 0
(iv) Shared power to dispose or to direct the disposition of: 0
Item 5. Ownership Of Five Percent Or Less Of a Class
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If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
5.0% of the class of securities, check the following [X].(1)
(1) This Amendment No. 2 constitutes an "exit" filing with respect to the
Schedule 13G by BART Partners, LLC but not as to FPR Partners, LLC. FPR
Partners, LLC retains beneficial ownership of more than 5.0% of the class of
securities.
Item 6. Ownership Of More Than Five Percent On Behalf Of Another Person
---------------------------------------------------------------
Not Applicable.
Item 7. Identification And Classification Of The Subsidiary Which Acquired The
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Security Being Reported On By The Parent Holding Company
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Not Applicable.
Item 8. Identification And Classification Of Members Of The Group
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Not Applicable.
Item 9. Notice Of Dissolution Of Group
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Not Applicable.
Item 10. Certification
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By signing below we certify that, to the best of our knowledge and
belief, the securities referred to above were not acquired and are not held for
the purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
SCHEDULE 13G
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CUSIP NO. 92552V100 Page 5 of 5
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SIGNATURES
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After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
Dated: May 10, 2012
FPR Partners, LLC
/s/ Stephen D. Lane
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Name: Stephen D. Lane
Title: Chief Financial Officer
BART Partners, LLC
/s/ Stephen D. Lane
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Name: Stephen D. Lane
Title: Chief Financial Officer