4//SEC Filing
DEVABHAKTUNI SAI S 4
Accession 0001006269-11-000010
CIK 0001006269other
Filed
May 24, 8:00 PM ET
Accepted
May 25, 1:28 PM ET
Size
6.1 KB
Accession
0001006269-11-000010
Insider Transaction Report
Form 4
DEVABHAKTUNI SAI S
Director
Transactions
- Award
Restricted Stock Units
2011-05-24+2,000→ 2,000 total→ Common Stock (2,000 underlying)
Footnotes (2)
- [F1]ach restricted stock unit has a value equal to one share of Loral voting common stock, par value $0.01 per share (the "Stock"), and generally provides the recipient with the right to receive one share of Stock or cash equal to one share of Stock, at the option of the Company, on the settlement date.
- [F2]The restricted stock units vest in two equal annual installments beginning on May 24, 2012, provided the grantee remains a director through the applicable vesting date. Vested shares (or cash equal to the value of such shares, in the Company's discretion) will be delivered to the grantee on the earliest of (a) the date of the grantee's death; (b) the date the grantee undergoes a Separation from Service with the Company (as defined in the applicable treasury regulations) and (c) the date of consummation of a Change of Control (as defined in the applicable treasury regulations).
Documents
Issuer
LORAL SPACE & COMMUNICATIONS INC.
CIK 0001006269
Entity typeother
Related Parties
1- filerCIK 0001341022
Filing Metadata
- Form type
- 4
- Filed
- May 24, 8:00 PM ET
- Accepted
- May 25, 1:28 PM ET
- Size
- 6.1 KB