Tolley David 4
4 · Intelsat S.A. · Filed Mar 3, 2020
Insider Transaction Report
Form 4
Tolley David
EVP & Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Share Units
2020-03-01−12,666→ 25,334 total→ Common Shares (38,000 underlying) - Award
Restricted Share Units
2020-03-01+67,500→ 67,500 total→ Common Shares (67,500 underlying) - Tax Payment
Common Shares
2020-03-01$3.86/sh−5,713$22,052→ 106,953 total - Exercise/Conversion
Common Shares
2020-03-01+12,666→ 112,666 total
Holdings
- 100,000
Restricted Share Units
→ Common Shares (100,000 underlying)
Footnotes (4)
- [F1]Each restricted share unit ("RSU") represents a contingent right to receive one Common Share.
- [F2]The RSUs will vest in three equal annual installments, beginning March 1, 2021.
- [F3]The RSUs vest in three equal annual installments, beginning March 1, 2020.
- [F4]Fifty percent (50%) of the RSUs will vest on July 1, 2020, twenty-five percent (25%) on July 1, 2021, and the remaining twenty-five percent (25%) on July 1, 2022.