<SEC-DOCUMENT>0001567619-18-001940.txt : 20180830
<SEC-HEADER>0001567619-18-001940.hdr.sgml : 20180830
<ACCEPTANCE-DATETIME>20180830171941
ACCESSION NUMBER:		0001567619-18-001940
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20180828
FILED AS OF DATE:		20180830
DATE AS OF CHANGE:		20180830

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			KHAYKIN OLEG
		CENTRAL INDEX KEY:			0001278725

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-22874
		FILM NUMBER:		181047938

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VIAVI SOLUTIONS INC.
		CENTRAL INDEX KEY:			0000912093
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				942579683
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0702

	BUSINESS ADDRESS:	
		STREET 1:		6001 AMERICA CENTER DRIVE
		STREET 2:		6TH FLOOR
		CITY:			SAN JOSE
		STATE:			CA
		ZIP:			95002
		BUSINESS PHONE:		4084043600

	MAIL ADDRESS:	
		STREET 1:		6001 AMERICA CENTER DRIVE
		STREET 2:		6TH FLOOR
		CITY:			SAN JOSE
		STATE:			CA
		ZIP:			95002

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	JDS UNIPHASE CORP /CA/
		DATE OF NAME CHANGE:	19990713
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>doc1.xml
<DESCRIPTION>FORM 4
<TEXT>
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<ownershipDocument>

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    <periodOfReport>2018-08-28</periodOfReport>

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    <issuer>
        <issuerCik>0000912093</issuerCik>
        <issuerName>VIAVI SOLUTIONS INC.</issuerName>
        <issuerTradingSymbol>VIAV</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001278725</rptOwnerCik>
            <rptOwnerName>KHAYKIN OLEG</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O VIAVI SOLUTIONS INC.</rptOwnerStreet1>
            <rptOwnerStreet2>6001 AMERICA CENTER DRIVE, 6TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>SAN JOSE</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>95002</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>President &amp; CEO</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
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                <transactionPricePerShare>
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                <transactionAcquiredDisposedCode>
                    <value>A</value>
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                <sharesOwnedFollowingTransaction>
                    <value>289851</value>
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    <derivativeTable>
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                    <value>206421</value>
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                    <value>0</value>
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                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
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                <underlyingSecurityTitle>
                    <value>Common Stock</value>
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                <underlyingSecurityShares>
                    <value>206421</value>
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                    <value>206421</value>
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                    <value>0</value>
                </transactionPricePerShare>
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                    <value>A</value>
                </transactionAcquiredDisposedCode>
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                <footnoteId id="F4"/>
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            <expirationDate>
                <footnoteId id="F5"/>
            </expirationDate>
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                <underlyingSecurityTitle>
                    <value>Common Stock</value>
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                    <value>206421</value>
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                <value>Restricted Stock Unit</value>
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                <transactionShares>
                    <value>49500</value>
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                    <value>D</value>
                </transactionAcquiredDisposedCode>
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                <value>2018-08-28</value>
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            </expirationDate>
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                <underlyingSecurityTitle>
                    <value>Common Stock</value>
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                    <value>49500</value>
                </underlyingSecurityShares>
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                <sharesOwnedFollowingTransaction>
                    <value>100500</value>
                </sharesOwnedFollowingTransaction>
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                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
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        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Each unit converts upon vesting into one share of common stock.</footnote>
        <footnote id="F2">These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability.</footnote>
        <footnote id="F3">1/3 of the Units subject to the Award shall vest on the first anniversary of the grant date and the remaining shares vest quarterly in eight equal installments over the following two years.</footnote>
        <footnote id="F4">See Exhibit 99.18A</footnote>
        <footnote id="F5">There are no expiration dates on RSUs.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Ashutosh Jain, Attorney-in-Fact</signatureName>
        <signatureDate>2018-08-30</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.18A
<SEQUENCE>2
<FILENAME>ex99.htm
<DESCRIPTION>MSU VESTING EXHIBIT
<TEXT>
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<head>
<title></title>
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<div>
<div style="FONT-SIZE: 10pt; MARGIN-BOTTOM: 8pt; FONT-FAMILY: 'Times New Roman', Times, serif; FONT-WEIGHT: bold; TEXT-ALIGN: left">MSU Grant Exhibit:</div>

<div style="BACKGROUND-COLOR: #ffffff">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The number of RSUs that vest will be based on the Company's total stockholder return ("TSR") relative to the performance of the component companies in the NASDAQ Telecommunications Index (the "NASDAQ Telecom Index") measured over a three-year performance period covering fiscal years 2019 through 2021, with one-year (fiscal 2019), two-year (fiscal 2019 and 2020), and three-year (fiscal 2019, 2020, and 2021) performance periods. The TSR for each period will be compared against the period of August 1, 2018 to September 15, 2018.&#160;&#160;The RSU award will be divided into three equal tranches, with one tranche assigned to each measurement period.&#160;</div>

<div><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The actual number of shares that vest will be determined by the Compensation Committee after the end of each measurement period based on the relative TSR for the period and will range from 0% to 150% of the target amount for that period. In order to vest in 100% of the target number of RSUs, the Company's TSR must be at the 55th percentile of the NASDAQ Telecom Index for each measurement period.</div>

<div><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">The actual percentage of shares earned will be determined by the Committee at the end of each year of the MSU Performance Period and will be interpolated on a linear basis for performance between threshold and target for each level of achievement as follows:</div>

<div><br>
</div>
</div>

<table id="z0ac5a730776b4e78864da4e66b760e01" style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; WIDTH: 100%" cellspacing="0" cellpadding="0">
<tr>
<td style="WIDTH: 50%; VERTICAL-ALIGN: top; BACKGROUND-COLOR: #ffffff">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Performance Threshold/Target</div>
</td>
<td style="WIDTH: 50%; VERTICAL-ALIGN: top; BACKGROUND-COLOR: #ffffff">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Shares Earned</div>
</td>
</tr>

<tr>
<td style="WIDTH: 50%; VERTICAL-ALIGN: top; BACKGROUND-COLOR: #ffffff">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">0-25th Percentile</div>
</td>
<td style="WIDTH: 50%; VERTICAL-ALIGN: top; BACKGROUND-COLOR: #ffffff">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">0% of Target Shares</div>
</td>
</tr>

<tr>
<td style="WIDTH: 50%; VERTICAL-ALIGN: top; BACKGROUND-COLOR: #ffffff">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">25th-55th Percentile</div>
</td>
<td style="WIDTH: 50%; VERTICAL-ALIGN: top; BACKGROUND-COLOR: #ffffff">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">0%-100% of Target Shares</div>
</td>
</tr>

<tr>
<td style="WIDTH: 50%; VERTICAL-ALIGN: top; BACKGROUND-COLOR: #ffffff">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">55th-100th Percentile</div>
</td>
<td style="WIDTH: 50%; VERTICAL-ALIGN: top; BACKGROUND-COLOR: #ffffff">
<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">100%-150% of Target Shares</div>
</td>
</tr>
</table>

<div style="BACKGROUND-COLOR: #ffffff">
<div><br>
</div>

<div style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman', Times, serif; TEXT-ALIGN: left">Each earned unit converts into one share of common stock on the vesting date.</div>
</div>

<div style="MARGIN-BOTTOM: 8pt"><br>
</div>

<br>
</div>
</body>
</html>

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
