PEGASUS COMMUNICATIONS CORP / 4
4 · PEGASUS COMMUNICATIONS CORP / · Filed Mar 20, 2006
Insider Transaction Report
Form 4
PAGON MARSHALL W
DirectorCEO, President and Chairman10% Owner
Transactions
- Tax Payment
Class A Common Stock
2006-03-17$3.00/sh−5,099$15,297→ 145,870 total
Holdings
- 1,903,760(indirect: See Footnote)
Class A and B Common Stock
Footnotes (2)
- [F1]Represents the surrender of Class A common stock, as permitted under the issuer's Restricted Stock Plan, in a transaction exempt under Rule 16b-3, by the reporting person to the Issuer in connection with a previously reported restricted stock award on February 25, 2004 in satisfaction of the reporting person's tax withholding obligations.
- [F2]Includes 71,000 shares of Class A common stock owned directly by Pegasus Communications Holdings, Inc. and 1,832,760 shares of Class B common stock owned directly by Pegasus Capital Holdings, LLC, Pegasus Communications Holdings, Inc., Pegasus PCS Partners, L.P., Pegasus Radio Corp., BDI Holding Corporation and BDI Holdings, L.P. all of which are controlled by Mr. Pagon through one or more intermediate entities. The Class B common shares are convertible to Class A common shares on a one-for-one basis. Mr. Pagon and each entity named in this note disclaims beneficial ownership for purposes of Section 16 except to the extent of his or its respective pecuniary interest.