TRITON LUXTOPHOLDING SARL sold VSAT

February 10, 2025 · Form 4 insider transaction

TRITON LUXTOPHOLDING SARL sold 3,750,000 shares of Viasat, Inc. at $9.00 per share, a transaction worth $33.75M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 2 days after the transaction.

Direction
Disposed (sell-side)
Shares
3,750,000
Price
$9.00
Total value
$33.75M
Role—
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateFebruary 10, 2025
Filing dateFebruary 12, 2025
Shares owned after4,795,334
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

The shares of common stock of Viasat, Inc. (the "Issuer"), par value $0.0001 per share (the "Common Stock"), were sold in a block sale at a per share price of $9.00.; Reflects Common Stock directly held by Triton LuxTopHolding SARL ("Triton LuxTop"). The shareholders of Triton LuxTop are Triton Lux EquityCo SARL and Connect Syndication L.P. Apax IX GP Co. Limited ("Apax IX"), in its capacity as ultimate general partner of the Apax IX Fund (as defined herein), is the sole shareholder of Triton Lux EquityCo SARL. Apax IX is also the sole shareholder of Connect Syndication GP Co. Limited, the General Partner of Connect Syndication L.P.; Apax IX is the investment manager of each of Apax IX EUR L.P., Apax IX EUR Co-Investment L.P., Apax IX USD L.P. and Apax IX USD Co-Investment L.P. (together the "Apax IX Fund") and is controlled by a board of directors consisting of Elizabeth Burne, Simon Cresswell, Andrew Guille, Martin Halusa, Paul Meader and Jeremy Latham.; Each of the Reporting Persons, the Apax IX Fund and the foregoing board members disclaim their beneficial ownership of such shares of Common Stock except to the extent of a pecuniary interest held therein.

View the original Form 4 on SEC EDGAR