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1 -------------------------- OMB APPROVAL -------------------------- OMB NUMBER 3235-0145 Expires: December 31, 1997 Estimated average burden hours per form .... 14.90 -------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. _______)* ViaSat, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK, par value $0.0001 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 00092552V1 - -------------------------------------------------------------------------------- (CUSIP Number) Check the following box if a fee is being paid with the statement [ ]. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class). (See Rule 13d-7). * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Exhibit Index appears on Page 9 Page 1 of 11 pages 2 SCHEDULE 13G CUSIP No. 00092552V1 Page 2 of 11 Pages ---------- --- ---- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR IRS. IDENTIFICATION NO. OF ABOVE PERSON Southern California Ventures - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION California - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF -0- SHARES --------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH 1,539,743 REPORTING --------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH -0- --------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,539,743 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,539,743 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 20.44% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 2 of 11 pages 3 SCHEDULE 13G CUSIP No. 00092552V1 Page 3 of 11 Pages ---------- --- ---- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR IRS. IDENTIFICATION NO. OF ABOVE PERSON SCV Partners - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION California - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF -0- SHARES --------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH 1,539,743 REPORTING --------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH -0- --------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,539,743 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,539,743 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 20.44% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 3 of 11 pages 4 SCHEDULE 13G CUSIP No. 00092552V1 Page 4 of 11 Pages ---------- --- ---- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR IRS. IDENTIFICATION NO. OF ABOVE PERSON B. Allen Lay - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF -0- SHARES --------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH 1,539,743 REPORTING --------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH -0- --------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,539,743 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,539,743 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 20.44% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 4 of 11 pages 5 SCHEDULE 13G CUSIP No. 00092552V1 Page 5 of 11 Pages ---------- --- ---- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR IRS. IDENTIFICATION NO. OF ABOVE PERSON Jay Raskin - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF -0- SHARES --------------------------------------------------------- BENEFICIALLY 6 SHARED VOTING POWER OWNED BY EACH 1,539,743 REPORTING --------------------------------------------------------- PERSON 7 SOLE DISPOSITIVE POWER WITH -0- --------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 1,539,743 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,539,743 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 20.44% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Page 5 of 11 pages 6 ITEM 1. (a) NAME OF ISSUER ViaSat, Inc. (b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES 2290 Cosmos Court Carlsbad, California 92009 ITEM 2. (a) NAME OF PERSON FILING The persons filing this Schedule 13G are Southern California Ventures, SCV Partners, B. Allen Lay and Jay Raskin (collectively, the "Filing Persons"). Southern California Ventures is the record holder of the securities held. Messrs. Lay and Raskin and SCV Partners are the general partners of Southern California Ventures. Messrs. Lay and Raskin are also the general partners of SCV Partners. (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE c/o Southern California Ventures, L.P. 406 Amapolo, Suite 205 Torrance, California 90501 (c) CITIZENSHIP The responses of the Filing Persons to Item 4 of the cover pages to this Schedule 13G that relate to the citizenships or places of organization of such persons are herein incorporated by reference. (d) TITLE OF CLASS OF SECURITIES This filing is made in regard to Common Stock, par value $0.0001 per share, of ViaSat, Inc. (the "Common Stock"). (e) CUSIP NUMBER 00092552V1 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b), or 13d-2(b), CHECK WHETHER THE PERSON FILING IS A: (a) [ ] Broker or Dealer registered under Section 15 of the Act, (b) [ ] Bank as defined in Section 3(a)(6) of the Act, (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act, (d) [ ] Investment Company registered under Section 8 of the Investment Company Act, Page 6 of 11 pages 7 (e) [ ] Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940, (f) [ ] Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund; see 13d-1(b)(1)(ii)(F), (g) [ ] Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G); see Item 7, (h) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(H). ITEM 4. OWNERSHIP (a) AMOUNT BENEFICIALLY OWNED: The number of shares of Common Stock beneficially owned by the Filing Persons as of December 31, 1996 is 1,539,743. (b) PERCENT OF CLASS: The percentage of Common Stock beneficially owned by the Filing Persons is 20.44% (based on information included in prospectus dated December 3, 1996 relating to ViaSat's public offering). (c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS: (i) SOLE POWER TO VOTE OR TO DIRECT THE VOTE: -0- (ii) SHARED POWER TO VOTE OR TO DIRECT THE VOTE: 1,593,743 (iii) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF: -0- (iv) SHARED POWER TO DISPOSE OR TO DIRECT THE DIPOSITION OF: 1,593,743 ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS Not Applicable. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON Not Applicable. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY Not Applicable. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP The Filing Persons have filed this Schedule 13G as a group pursuant to Rule 13d-1(f). The identity of each member of the group is stated in Exhibit 1 attached hereto. The Filing Persons entered into a Joint Reporting Agreement dated February 18, 1997, pursuant to which they agreed to file one joint statement on behalf of all of them with respect to the subject matter of this Schedule 13G. Page 7 of 11 8 ITEM 9. NOTICE OF DISSOLUTION OF GROUP Not Applicable. ITEM 10. CERTIFICATION By signing below, we certify that, to the best of our knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 18, 1997 SOUTHERN CALIFORNIA VENTURES By: /s/ B. ALLEN LAY ---------------------------------- B. Allen Lay, General Partner SCV PARTNERS By: /s/ B. ALLEN LAY ---------------------------------- B. Allen Lay, General Partner /s/ B. ALLEN LAY -------------------------------------- B. ALLEN LAY /s/ JAY RASKIN -------------------------------------- JAY RASKIN Page 8 of 11 pages 9 EXHIBIT INDEX Sequentially Exhibit Numbered Number Description Page - ------- ----------- ----------- 1 Identification of Members of the Group................ 10 2 Joint Reporting Agreement dated February 18, 1997..... 11 Page 9 of 11 pages 10 EXHIBIT 1 IDENTIFICATION OF MEMBERS OF THE GROUP 1. Southern California Ventures 2. SCV Partners 3. B. Allen Lay 4. Jay Raskin Page 10 of 11 pages 11 EXHIBIT 2 JOINT REPORTING AGREEMENT In consideration of the mutual covenants herein contained, each of the parties hereto represents to and agrees with the other party as follows: 1. Such party is eligible to file a statement or statements on Schedule 13G pertaining to the Common Stock, par value $0.0001, of ViaSat, Inc. to which this agreement is an exhibit, for filing of the information contained herein. 2. Such party is responsible for timely filing of such statement and any amendments thereto and for the completeness and accuracy of the information concerning such party contained therein, provided that no such party is responsible for the completeness or accuracy of the information concerning any other party making the filing, unless such party knows or has reason to believe that such information is inaccurate. 3. Such party agrees that such statement is filed by and on behalf of such party and that any amendment thereto will be filed on behalf of each such party. Dated: February 18, 1997 SOUTHERN CALIFORNIA VENTURES By: /s/ B. ALLEN LAY ---------------------------------- B. Allen Lay, General Partner SCV PARTNERS By: /s/ B. ALLEN LAY ---------------------------------- B. Allen Lay, General Partner /s/ B. ALLEN LAY -------------------------------------- B. ALLEN LAY /s/ JAY RASKIN -------------------------------------- JAY RASKIN Page 11 of 11 pages