SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 11, 2006
ViaSat, Inc.
(Exact name of registrant as specified in its charter)
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Delaware
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0-21767
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33-0174996 |
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(State or Other Jurisdiction of
Incorporation)
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(Commission File No.)
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(I.R.S. Employer
Identification No.) |
6155 El Camino Real
Carlsbad, California 92009
(Address of principal executive offices, including zip code)
Registrants telephone number, including area code: (760) 476-2200
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c)) |
TABLE OF CONTENTS
This Current Report on Form 8-K is filed by ViaSat, Inc., a Delaware corporation (the
Company), in connection with the matters described herein.
ITEM
1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
On
October 11, 2006, the Companys Compensation and Human
Resources Committee of the Board of Directors
(the Committee) approved the grant of non-qualified stock options (NQSOs) and deferred stock
(also referred to as restricted stock units or RSUs) to certain executive officers of the
Company. The following table sets forth the number NQSOs and RSUs granted to the Companys Named
Executive Officers (which officers were determined by reference to the Companys proxy statement
dated August 14, 2006) (the Awards).
Named Executive Officers
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Name and Principal Position |
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NQSOs |
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RSUs |
Mark D. Dankberg
Chairman and CEO
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116,250 |
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12,917 |
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Richard A. Baldridge
President and COO
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90,000 |
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10,000 |
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Ronald G. Wangerin
Vice President and CFO
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37,500 |
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4,167 |
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Gregory D. Monahan
Vice President-Administration,
General Counsel and Secretary
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15,000 |
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1,667 |
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These NQSOs have a term of six years and vest over a period of four years with one-fourth
vesting on each anniversary of the grant date. These RSUs vest over a period of four years with
the first one-fourth vesting on the thirteen month anniversary of the grant date and the remaining
three-fourths vesting on the second, third and fourth anniversary dates of the grant date.
On October 11, 2006, the Committee approved the form of restricted stock unit agreement to be
used in connection with standard grants of RSUs to Company employees and the form of restricted
stock unit agreement to be used in connection with grants of RSUs to executive officers of the
Company.
ITEM 9.01
FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits.
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Exhibit |
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Number |
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Description of Exhibit |
10.1
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Form of Restricted Stock Unit Award Agreement under the Third Amended and
Restated 1996 Equity Participation Plan of ViaSat, Inc. (for grants to employees) |
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10.2
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Form of Executive Restricted Stock Unit Award Agreement under the Third Amended
and Restated 1996 Equity Participation Plan of ViaSat, Inc. (for grants to executive
officers) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Date: October 16, 2006 |
ViaSat, Inc.
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By: |
/s/ Richard Baldridge
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Richard Baldridge |
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President and Chief Operating Officer |
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