Macleod Scott 4
4 · SKYTERRA COMMUNICATIONS INC · Filed Mar 29, 2010
Insider Transaction Report
Form 4
Macleod Scott
EVP, CFO and Treasurer
Transactions
- Disposition to Issuer
Common Stock
2010-03-29$5.00/sh−66,667$333,335→ 0 total - Disposition to Issuer
Common Stock
2010-03-29$5.00/sh−357,066$1,785,330→ 0 total - Disposition to Issuer
Common Stock
2010-03-29−133,333→ 0 total
Footnotes (2)
- [F1]Disposed of pursuant to merger agreement ("Merger Agreement") between Issuer and Harbinger Capital Partners Master Fund I, Ltd, Harbinger Capital Partners Special Situations Fund, L.P., and Sol Private Corp. in exchange for $5 per share in cash. Restricted stock grants which vested and were acquired and canceled pursuant to the Merger Agreement
- [F2]These restricted shares canceled without consideration unless Mr. Macleod's employment is terminated for specified reasons prior to June 19, 2010