4//SEC Filing
PanAmSat Holding CORP 4
Accession 0001179110-06-014836
CIK 0001310897operating
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 7:01 PM ET
Size
12.7 KB
Accession
0001179110-06-014836
Insider Transaction Report
Form 4
WRIGHT JOSEPH R JR
DirectorChief Executive Officer
Transactions
- Other
Stock Options
2006-07-03−649,952→ 0 totalExercise: $4.21Exp: 2014-08-19→ Common Stock, par value $0.01 per share (553,753 underlying) - Other
Stock Options
2006-07-03$25.00/sh−974,928$24,373,200→ 0 totalExercise: $4.21Exp: 2014-08-19→ Common Stock, par value $0.01 per share (974,928 underlying) - Other
Common Stock
2006-07-03$25.01/sh−511,994$12,804,612→ 0 total - Other
Stock Options
2006-07-03$25.00/sh−287,688$7,192,200→ 0 totalExercise: $3.43Exp: 2014-08-19→ Common Stock, par value $0.01 per share (287,688 underlying)
Footnotes (3)
- [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 and each outstanding option to purchase shares of Common Stock was converted into the right to receive $25.00, less the exercise price, 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, Mr. Wright directly held a total of 1,912,568 options to purchase shares of Common Stock. Of those, 287,688 options were scheduled to become exercisable in equal amounts on August 20, 2005, 2006, 2007, 2008 and 2009 at an exercise price of $3.43 and would have expired on August 19, 2014. The remaining options were scheduled to become exercisable in equal amounts on August 20, 2005, 2006, 2007, 2008 and 2009 at exercise price of $4.21 per share and would have expired on August 19, 2014.
- [F3]Pursuant to the Merger, of these 649,952 options to purchase shares of Common Stock, Mr. Wright received $25 per option, less the exercise price, for each of 553,753 such options and equity of Intelsat, Ltd. for 96,199 such options.
Documents
Issuer
PanAmSat Holding CORP
CIK 0001310897
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001310897
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 7:01 PM ET
- Size
- 12.7 KB