---
schema_version: "secwatch.filing_event.v1"
accession: "0000912093-22-000030"
form_type: "8-K"
ticker: "VIAV"
cik: "0000912093"
company_name: "VIAVI SOLUTIONS INC."
filed_at: "2022-05-24T23:59:59+00:00"
generated_at: "2026-06-25T07:55:28.678419+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Viavi adopts FY2023 Executive Variable Pay Plan with semi-annual revenue, profit, bookings targets

## Summary
- CEO Oleg Khaykin and CFO Henk Derksen participate as Corporate Executives with 50% revenue / 50% profitability weighting.
- Payments range 0%-150% of target for revenue and profitability targets; bookings target capped at 250%.
- Paul McNab (NSE Exec), Luke Scrivanich (OSP Exec), Gary Staley (NSE Sales Exec) have segment-specific weightings.
- Plan measured semi-annually against the annual operating plan for each target.

## SEC filing metadata
- accession: 0000912093-22-000030
- form_type: 8-K
- ticker: VIAV
- cik: 0000912093
- company_name: VIAVI SOLUTIONS INC.
- filed_at: 2022-05-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912093/000091209322000030/0000912093-22-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912093/000091209322000030/viav-20220518.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000912093-22-000030
- JSON: https://secwatch.observer/filing/0000912093-22-000030.json
- Plain text: https://secwatch.observer/filing/0000912093-22-000030.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.