WASSERMAN DAVID H 4
4 · ICO Global Communications (Holdings) LTD · Filed Oct 5, 2010
Insider Transaction Report
Form 4
WASSERMAN DAVID H
Director
Transactions
- Award
Stock Option (right to buy)
2010-10-01+30,000→ 30,000 total(indirect: By LLC)Exercise: $1.63Exp: 2020-10-01→ Class A Common Stock (30,000 underlying)
Footnotes (4)
- [F1]The shares subject to this option vest in four equal annual installments (measured from the date of grant) beginning with the vesting commencement date of October 1, 2010.
- [F2]Stock option to purchase 30,000 shares of the Issuer's Class A Common Stock automatically granted to Clayton, Dubilier & Rice, LLC ("Adviser") on October 1, 2010, pursuant to the Issuer's Board Compensation Policy for continued board service, in accordance with the 2000 Stock Incentive Plan, as Amended and Restated Effective June 15, 2007.
- [F3]The Reporting Person is an officer of CDR-Satco, LLC ("CDR"). The Reporting Person is an employee of Adviser, which acts as investment adviser to Clayton, Dubilier & Rice Fund VI Limited Partnership ("Fund"), the sole member of CDR. In addition, the Reporting Person is a limited partner of CD&R Associates VI Limited Partnership ("Associates LP"), the general partner of the Fund, which is entitled to a portion of the net gain realized by the Fund on its investments, and a director of CD&R Investment Associates VI, Inc., the general partner of Associates LP.
- [F4]The Reporting Person disclaims beneficial ownership of the Issuer's securities described above.