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4//SEC Filing

TERRESTAR CORP 4

Accession 0001140361-11-017514

CIK 0000913665operating

Filed

Mar 16, 8:00 PM ET

Accepted

Mar 17, 6:02 PM ET

Size

6.1 KB

Accession

0001140361-11-017514

Insider Transaction Report

Form 4
Period: 2011-03-15
Transactions
  • Sale

    Common Stock, par value $0.01 per share

    2011-03-15$0.12/sh850,000$102,25521,347,001 total(indirect: See footnote)
Footnotes (1)
  • [F1]The shares of Common Stock, par value $0.01 per share ("Shares"), of TerreStar Corporation reported herein are held by one or more funds and accounts (the "Funds and Accounts") advised by Marathon Asset Management, L.P. ("Marathon"). Marathon, in its capacity as the investment manager of the Funds and Accounts, has sole power to vote and direct the disposition of all Shares held by the Funds and Accounts. Thus, for the purposes of Reg. Section 240.13d-3, Marathon may be deemed to beneficially own 21,347,001 Shares. Marathon's interest in such securities is limited to the extent of its pecuniary interest in the Funds and Accounts, if any. This report shall not be deemed an admission that Marathon, each Fund and Account or any other person is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Documents

1 file

Issuer

TERRESTAR CORP

CIK 0000913665

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000913665

Filing Metadata

Form type
4
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 6:02 PM ET
Size
6.1 KB