Stone Aaron J 4
4 · Hughes Communications, Inc. · Filed Jun 10, 2011
Insider Transaction Report
Form 4
Stone Aaron J
Director
Transactions
- Disposition to Issuer
Common Stock
2011-06-08$60.70/sh−37,500$2,276,250→ 0 total - Disposition to Issuer
Option to Purchase
2011-06-08$40.47/sh−12,500$505,875→ 0 totalExercise: $20.23Exp: 2015-06-08→ Common Stock (12,500 underlying)
Footnotes (1)
- [F1]This option, which was exercisable beginning February 24, 2006, will be cancelled in the merger of Broadband Acquisition Corporation with and into Hughes Communications, Inc. in exchange for a cash payment equal to the sum of the difference between the per share merger consideration ($60.70 per share) and the exercise price per share of the options.