4//SEC Filing
PanAmSat Holding CORP 4
Accession 0001179110-06-014837
CIK 0001310897operating
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 7:03 PM ET
Size
14.9 KB
Accession
0001179110-06-014837
Insider Transaction Report
Form 4
CUMINALE JAMES W
EVP, General Counsel & Secy.
Transactions
- Other
Stock Options
2006-07-03$25.00/sh−172,613$4,315,325→ 0 totalExercise: $3.43Exp: 2014-08-19→ Common Stock, par value $0.01 per share (172,613 underlying) - Other
Stock Options
2006-07-03$25.00/sh−220,932$5,523,300→ 0 totalExercise: $4.21Exp: 2014-08-19→ Common Stock, par value $0.01 per share (220,932 underlying) - Other
Common Stock
2006-07-03$25.01/sh−177,763$4,445,728→ 0 total - Other
Stock Options
2006-07-03$25.00/sh−331,398$8,284,950→ 0 totalExercise: $4.21Exp: 2014-08-19→ Common Stock, par value $0.01 per share (331,398 underlying) - Other
Deferred Stock Units
2006-07-03$25.01/sh−25,390$634,986→ 0 total→ Common Stock, par value $0.01 per share (25,390 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. Cuminale directly held a total of 724,943 options to purchase shares of Common Stock. Of those, 172,613 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]The Deferred Stock Units listed herein were issued to Mr. Cuminale under the terms of his deferred compensation arrangement. In connection with the Merger, the Board of Directors of the Issuer settled in cash all of the Deferred Stock Units held by Mr. Cuminale in an amount equal to $25.00, plus approximately $0.00927 as the pro rata quarterly dividend, per Deferred Stock Unit in cash.
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, 7:03 PM ET
- Size
- 14.9 KB