VIASAT INC
For the period ended Mar 31, 2024. Filed May 29, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed May 29, 2024
VSAT$74.86+0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 15. Exhibits, Financial Statement Schedules
(a)
The following documents are filed as part of this report:
(1)
Consolidated Financial Statements
| PageNumber | ||
| Report of Independent Registered Public Accounting Firm | F-1 | |
| Consolidated Balance Sheets as of March 31, 2024 and March 31, 2023 | F-4 | |
| Consolidated Statements of Operations and Comprehensive Income (Loss) for the fiscal years ended March 31, 2024, March 31, 2023 and March 31, 2022 | F-5 | |
| Consolidated Statements of Cash Flows for the fiscal years ended March 31, 2024, March 31, 2023 and March 31, 2022 | F-6 | |
| Consolidated Statements of Equity for the fiscal years ended March 31, 2024, March 31, 2023 and March 31, 2022 | F-7 | |
| Notes to the Consolidated Financial Statements | F-8 | |
| (2) | Schedule II — Valuation and Qualifying Accounts for the three fiscal years ended March 31, 2024 | II-1 |
All other schedules are omitted because they are not applicable or the required information is shown in the financial statements or notes thereto.
(3)
Exhibits
| ExhibitNumber · Incorporated by Reference · Filed orFurnishedHerewith | |||||
|---|---|---|---|---|---|
| Exhibit Description · Form · File No. · Exhibit · Filing Date | |||||
| 2.1* | Share Purchase Agreement, dated as of November 8, 2021, by and among Viasat, Inc. and the shareholders of Connect Topco Limited party thereto | 8-K | 000-21767 | 2.1 | 11/08/2021 |
| 2.1(A) | Letter agreement, dated as of April 11, 2023, by and among Viasat, Inc. and the shareholders of Connect Topco Limited party thereto | 10-K | 000-21767 | 2.1(A) | 05/22/2023 |
| 2.2* | Asset Purchase Agreement, dated as of October 1, 2022, by and between Viasat, Inc. and L3Harris Technologies, Inc. | 8-K | 000-21767 | 2.1 | 10/03/2022 |
| 3.1 | Second Amended and Restated Certificate of Incorporation of ViaSat, Inc. | 10-Q | 000-21767 | 3.1 | 11/14/2000 |
| 3.1.2 | Certificate of Amendment to the Second Amended and Restated Certificate of Incorporation of Viasat, Inc. | 8-K | 000-21767 | 3.1 | 06/02/2023 |
| 3.2 | Amended and Restated Bylaws of ViaSat, Inc. | 10-Q | 000-21767 | 3.1 | 11/09/2023 |
| 4.1 | Form of Common Stock Certificate (p) | S-1/A | 333-13183 | 4.1 | 11/05/1996 |
| 4.2 | Indenture dated as of September 21, 2017, between ViaSat, Inc. and Wilmington Trust, National Association, as trustee | 8-K | 000-21767 | 4.1 | 09/21/2017 |
| 4.2.1 | Form of 5.625% Senior Note due 2025 of ViaSat, Inc. (attached as Exhibit A to the Indenture filed as Exhibit 4.2 hereto) | 8-K | 000-21767 | 4.1 | 09/21/2017 |
| 4.3 | Indenture, dated as of March 27, 2019, between Viasat, Inc. and Wilmington Trust, National Association, as trustee and as collateral trustee | 8-K | 000-21767 | 4.1 | 03/27/2019 |
| 4.3.1 | Form of 5.625% Senior Secured Note due 2027 of Viasat, Inc. (attached as Exhibit A to the Indenture filed as Exhibit 4.3 hereto) | 8-K | 000-21767 | 4.1 | 03/27/2019 |
| 4.4 | Indenture, dated as of June 24, 2020, between Viasat, Inc. and Wilmington Trust, National Association, as trustee | 8-K | 000-21767 | 4.1 | 06/24/2020 | |
| 4.4.1 | Form of 6.500% Senior Note due 2028 of Viasat, Inc. (attached as Exhibit A to the Indenture filed as Exhibit 4.4 hereto) | 8-K | 000-21767 | 4.1 | 06/24/2020 | |
| 4.5 | Indenture, dated as of September 28, 2023, between Viasat, Inc. and Wilmington Trust, National Association, as trustee | 8-K | 000-21767 | 4.1 | 09/28/2023 | |
| 4.5.1 | Form of 7.500% Senior Notes due 2031 of Viasat, Inc. (attached as Exhibit A to the Indenture filed as Exhibit 4.5 hereto) | 8-K | 000-21767 | 4.1 | 09/28/2023 | |
| 4.6 | Indenture, dated as of October 7, 2019, by and among Connect Finco SARL, Connect U.S. Finco LLC and Wilmington Trust, National Association, as trustee | 10-Q | 000-21767 | 4.1 | 08/09/2023 | |
| 4.6.1 | Third Supplemental Indenture, dated as of November 15, 2023, among Connect Finco SARL, Connect U.S. FINCO LLC, the guarantors party thereto and Wilmington Trust, National Association, as trustee | 10-Q | 000-21767 | 4.1 | 02/08/2024 | |
| 4.7 | Description of Registered Securities | X | ||||
| 10.1* | Stockholders Agreement, dated as of November 8, 2021, by and among Viasat, Inc. and the shareholders of Connect Topco Limited party thereto | 8-K | 000-21767 | 10.3 | 11/08/2021 | |
| 10.2 | Form of Indemnification Agreement between ViaSat, Inc. and each of its directors and officers | 8-K | 000-21767 | 99.1 | 03/07/2008 | |
| 10.3** | Viasat, Inc. Employee Stock Purchase Plan (As Amended and Restated Effective September 7, 2023) | 8-K | 000-21767 | 10.2 | 09/08/2023 | |
| 10.4** | 1996 Equity Participation Plan of Viasat, Inc. (As Amended and Restated Effective September 7, 2023) | 8-K | 000-21767 | 10.1 | 09/08/2023 | |
| 10.5** | Form of Stock Option Agreement for the 1996 Equity Participation Plan of ViaSat, Inc. | 10-K | 000-21767 | 10.4 | 05/26/2015 | |
| 10.6** | Form of Stock Option Agreement for the 1996 Equity Participation Plan of ViaSat, Inc. — Independent Director | 10-Q | 000-21767 | 10.4 | 11/09/2023 | |
| 10.7** | Form of Performance Stock Option Agreement for the Viasat Inc. 1996 Equity Participation Plan (Stock Price) | 10-Q | 000-21767 | 10.1 | 02/08/2024 | |
| 10.8** | Form of Restricted Stock Unit Award Agreement for the 1996 Equity Participation Plan of ViaSat, Inc.—Global | 10-K | 000-21767 | 10.5 | 05/25/2017 | |
| 10.9** | Form of Restricted Stock Unit Award Agreement for the 1996 Equity Participation Plan of ViaSat, Inc.—Independent Director | 10-K | 000-21767 | 10.6 | 05/26/2015 | |
| 10.10** | Form of Restricted Stock Unit Award Agreement for the 1996 Equity Participation Plan of ViaSat, Inc.—Executive | 10-K | 000-21767 | 10.7 | 05/26/2015 | |
| 10.11** | Form of Change in Control Severance Agreement between ViaSat, Inc. and each of its executive officers | 8-K | 000-21767 | 10.1 | 08/04/2010 | |
| 10.11.1** | Form of First Amendment to Change in Control Severance Agreement between ViaSat, Inc. and each of its executive officers | 10-K | 000-21767 | 10.12.1 | 5/31/2022 |
| 10.12** | Severance Agreement, dated as of April 13, 2023, by and between Viasat, Inc. and K. Guru Gowrappan | 10-K | 000-21767 | 10.11 | 05/22/2023 |
| 10.13** | RigNet, Inc. 2010 Omnibus Incentive Plan | S-8 | 333-255690 | 10.3 | 04/30/2021 |
| 10.13.1** | Amendment to RigNet, Inc. 2010 Omnibus Incentive Plan | S-8 | 333-255690 | 10.4 | 04/30/2021 |
| 10.14** | RigNet, Inc. 2019 Omnibus Incentive Plan | S-8 | 333-255690 | 10.5 | 04/30/2021 |
| 10.14.1** | Amendment to RigNet, Inc. 2019 Omnibus Incentive Plan | S-8 | 333-255690 | 10.6 | 04/30/2021 |
| 10.15 | Credit Agreement dated as of November 26, 2013, by and among ViaSat, Inc., Union Bank, N.A. (as agent) and the other lenders party thereto | 8-K | 000-21767 | 10.1 | 11/26/2013 |
| 10.15.1 | First Amendment to Credit Agreement and Other Loan Documents dated as of March 12, 2015, by and among ViaSat, Inc., Union Bank, N.A. (as agent) and the other lenders party thereto | 8-K | 000-21767 | 10.2 | 03/13/2015 |
| 10.15.2 | Second Amendment to Credit Agreement and Other Loan Documents dated as of May 24, 2016, by and among Viasat, Inc., MUFG Union Bank, N.A. (as agent) and the other lenders party thereto | 8-K | 000-21767 | 10.1 | 05/24/2016 |
| 10.15.3 | Third Amendment to Credit Agreement dated as of May 24, 2018 by and among Viasat, Inc., MUFG Union Bank, N.A. (as agent) and the other lenders party thereto | 10-K | 000-21767 | 10.10.3 | 05/30/2018 |
| 10.15.4 | Fourth Amendment to Credit Agreement dated as of January 18, 2019, by and among Viasat, Inc., MUFG Union Bank, N.A. (as administrative agent and collateral agent) and the other lenders party thereto | 8-K | 000-21767 | 10.1 | 01/22/2019 |
| 10.15.5 | Fifth Amendment to Credit Agreement, dated as of November 23, 2021, by and among Viasat, Inc., MUFG Union Bank, N.A. (as administrative agent and collateral agent), and the other lenders party thereto | 8-K | 000-21767 | 10.1 | 11/30/2021 |
| 10.15.6 | Sixth Amendment to Credit Agreement, dated as of March 4, 2022, by and among Viasat, Inc., MUFG Union Bank, N.A. (as administrative agent and collateral agent), and the other lenders party thereto | 8-K | 000-21767 | 10.2 | 03/04/2022 |
| 10.15.7 | Seventh Amendment to Credit Agreement, dated as of August 24, 2023, by and among Viasat, Inc., MUFG Bank, Ltd. (as successor-in-interest to MUFG Union Bank, N.A.), as administrative agent and collateral agent, and the other lenders party thereto | 8-K | 000-21767 | 10.1 | 08/25/2023 |
| 10.15.8 | Joinder Agreement, dated as of September 6, 2023, by and among Viasat, Inc. as borrower, MUFG Bank, Ltd. (as successor in interest to MUFG Union Bank, N.A.), as administrative agent and collateral agent, and the lender party thereto. | 8-K | 000-21767 | 10.1 | 09/07/2023 |
| 10.16 | Credit Agreement dated as of March 12, 2015, by and among ViaSat Technologies Limited, ViaSat, Inc., JPMorgan Chase Bank, National Association | 8-K | 000-21767 | 10.1 | 03/13/2015 |
| (as Ex-Im facility agent) and the Export-Import Bank of the United States | |||||
|---|---|---|---|---|---|
| 10.16.1 | First Amendment to Credit Agreement, dated as of June 12, 2015, by and among ViaSat Technologies Limited, ViaSat, Inc., JPMorgan Chase Bank, National Association (as Ex-Im Facility Agent) and the Export-Import Bank of the United States | 10-Q | 000-21767 | 10.1 | 08/10/2015 |
| 10.16.2 | Second Amendment Agreement, dated as of March 23, 2016, by and among ViaSat Technologies Limited, ViaSat, Inc., JPMorgan Chase Bank, National Association (as Ex-Im Facility Agent) and the Export-Import Bank of the United States | 8-K | 000-21767 | 10.1 | 03/24/2016 |
| 10.16.3 | Third Amendment Agreement, dated as of October 11, 2016, by and among ViaSat Technologies Limited, ViaSat, Inc., JPMorgan Chase Bank, National Association (as Ex-Im Facility Agent) and the Export-Import Bank of the United States | 8-K | 000-21767 | 10.1 | 10/12/2016 |
| 10.16.4 | Fourth Amendment to Credit Agreement, dated as of July 17, 2018, by and among Viasat Technologies Limited, Viasat, Inc., JPMorgan Chase Bank, National Association (as Ex-Im Facility Agent) and the Export-Import Bank of the United States | 8-K | 000-21767 | 10.1 | 07/23/2018 |
| 10.16.5 | Fifth Amendment Agreement, dated as of February 28, 2019, by and among Viasat Technologies Limited, Viasat, Inc., JPMorgan Chase Bank, National Association (as Ex-Im Facility Agent) and the Export-Import Bank of the United States | 8-K | 000-21767 | 10.1 | 02/28/2019 |
| 10.16.6 | Sixth Amendment to Credit Agreement, dated as of August 3, 2022, among Viasat Technologies Limited, Viasat, Inc., JP Morgan Chase Bank, National Association, and the Export-Import Bank of the United States | 10-Q | 000-21767 | 10.2 | 08/09/2022 |
| 10.16.7 | Seventh Amendment to Credit Agreement, dated as of April 14, 2023, among Viasat Technologies Limited, Viasat, Inc., JP Morgan Chase Bank, National Association, and the Export-Import Bank of the United States | 10-Q | 000-21767 | 10.9 | 11/09/2023 |
| 10.16.8 | Eighth Amendment to Credit Agreement, dated as of September 27, 2023, among Viasat Technologies Limited, Viasat, Inc., JP Morgan Chase Bank, National Association, and the Export-Import Bank of the United States | 10-Q | 000-21767 | 10.10 | 11/09/2023 |
| 10.17 | Credit Agreement, dated as of March 4, 2022, by and among Viasat, Inc., Bank of America, N.A. (as administrative agent and collateral agent), and the other lenders party thereto | 8-K | 000-21767 | 10.1 | 03/04/2022 |
| 10.18 | Amendment and Restatement Agreement, dated as of September 22, 2023, by and among Viasat, Inc., Bank of America, N.A. (as administrative agent and collateral agent), and the other lenders party thereto | 8-K | 000-21767 | 10.1 | 09/25/2023 |
| 10.19 | Credit Agreement, dated as of December 12, 2019, by and among Connect Midco Limited, Connect Bidco Limited, Connect Finco SARL, Connect U.S. Finco LLC, Barclays Bank PLC (as administrative agent and collateral agent), and the other lenders party thereto | 10-Q | 000-21767 | 10.4 | 08/09/2023 |
| 10.19.1 | Amendment No.1 to Credit Agreement, dated as of January 25, 2021, by and among Connect Midco Limited, Connect Bidco Limited, Connect Finco SARL, Connect U.S. Finco LLC, Barclays Bank PLC (as administrative agent and collateral agent), and the other lenders party thereto | 10-Q | 000-21767 | 10.4.1 | 08/09/2023 | |
| 10.19.2 | Amendment No. 2 to Credit Agreement, dated as of December 17, 2021, by and among Connect Midco Limited, Connect Bidco Limited, Connect Finco SARL, Connect U.S. Finco LLC, Barclays Bank PLC (as administrative agent and collateral agent), and the other lenders party thereto | 10-Q | 000-21767 | 10.4.2 | 08/09/2023 | |
| 10.19.3 | Amendment No. 3 to Credit Agreement, dated as of December 2, 2022, by and among Connect Midco Limited, Connect Bidco Limited, Connect Finco SARL, Connect U.S. Finco LLC, Barclays Bank PLC (as administrative agent and collateral agent), and the other lenders party thereto | 10-Q | 000-21767 | 10.4.3 | 08/09/2023 | |
| 10.19.4 | Amendment No. 4 to Credit Agreement, dated as of March 28, 2024 by and among Connect Finco SARL, Connect U.S. Finco LLC, the subsidiary loan parties party thereto, Barclays Bank PLC, as existing administrative agent and collateral agent, Bank of America, N.A., as successor administrative agent and collateral agent, and the lenders party thereto | 8-K | 000-21767 | 10.1 | 03/28/2024 | |
| 19 | Viasat, Inc. Insider Trading Compliance Policies and Procedures | X | ||||
| 21.1 | Subsidiaries | X | ||||
| 23.1 | Consent of PricewaterhouseCoopers LLP, Independent Registered Public Accounting Firm | X | ||||
| 24.1 | Power of Attorney (see signature page) | X | ||||
| 31.1 | Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 of Chief Executive Officer | X | ||||
| 31.2 | Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 of Chief Financial Officer | X | ||||
| 32.1 | Certifications Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 | X | ||||
| 97 | Viasat, Inc. Compensation Recovery Policy Adopted Under Section 10Q of the Exchange Act and the NASDAQ Listing Rules | X | ||||
| 101.INS | Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File as its XBRL tags are embedded within the Inline XBRL document. | X | ||||
| 101.SCH | Inline XBRL Taxonomy Extension Schema with Embedded Linkbases Document | X | ||||
| 104 | Cover Page (formatted as inline XBRL and contained in Exhibit 101) | X | ||||
- Certain schedules to this Exhibit omitted pursuant to Regulation S-K Item 601(b)(2) or 601(a)(5) (as applicable). Viasat agrees to furnish a supplemental copy of any omitted schedule to the SEC upon request; provided, however, that Viasat may request confidential treatment pursuant to Rule 24b-2 of the Exchange Act for any document so furnished.
** Indicates management contract, compensatory plan or arrangement.
(p)
Filed in paper.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.