MASTOLONI RICHARD 4
4 · LORAL SPACE & COMMUNICATIONS INC. · Filed Jun 28, 2012
Insider Transaction Report
Form 4
MASTOLONI RICHARD
Sr. VP, Finance and Treasurer
Transactions
- Exercise/Conversion
Employee Stock Option (Right to Buy)
2012-06-27−12,083→ 0 totalExercise: $23.54Exp: 2012-12-21→ Common Stock (12,083 underlying) - Exercise/Conversion
Common Stock
2012-06-27$23.54/sh+12,083$284,398→ 28,273 total
Footnotes (2)
- [F1]The 12,083 shares (originally 10,000 shares) acquired by the reporting person upon exercise of his options and the exercise price of $23.537 per share (originally $28.441 per share) reflects an equitable adjustment made to the Company's outstanding options in connection with the payment by the Company in April 2012 of a special dividend of $13.60 per share.
- [F2]The options were granted on December 21, 2005. Vesting ocurred as follows: 25% vested on November 21, 2006; 25% vested on October 31, 2007; 25% vested on November 21, 2007; and 25% vested on November 21, 2008.