PanAmSat Holding CORP 4
4 · PanAmSat Holding CORP · Filed Jul 6, 2006
Insider Transaction Report
Form 4
FISHER GEORGE M C
Director
Transactions
- Other
Common Stock
2006-07-03$25.01/sh−67,595$1,690,504→ 0 total - Other
Stock Options
2006-07-03$25.01/sh−65,848.911$1,646,835→ 0 totalExercise: $4.21Exp: 2014-08-19→ Common Stock, par value $0.01 per share (65,848.911 underlying)
Footnotes (2)
- [F1]Pursuant to the merger (the "Merger") of a wholly-owned subsidiary of Intelsat (Bermuda), Ltd. ("Intelsat") with and into PanAmSat Holding Corporation ("PanAmSat"), each outstanding share of common stock of PanAmSat (the "Common Stock") was converted into the right to receive $25.00, plus approximately $0.00927 as the pro rata quarterly dividend, per share in cash without interest. As a result of the Merger, PanAmSat became a wholly-owned subsidiary of Intelsat, and the Common Stock was delisted from the New York Stock Exchange.
- [F2]Prior to the Merger (including as of March 16, 2005), Mr. Fisher directly held a total of 131,697.822 options to purchase shares of Common Stock at an exercise price of $4.21. Of those, 65,848.911 options were scheduled to become exercisable in equal amounts on August 20, 2005, 2006, 2007, 2008 and 2009 and would have expired on August 19, 2014. The remaining 65,848.911 options were scheduled to become exercisable in equal amounts on September 16, 2005, 2006, 2007, 2008 and 2009 and would have expired on September 15, 2014.