McGlade David 4
4 · Intelsat S.A. · Filed May 20, 2020
Insider Transaction Report
Form 4
Intelsat S.A.INTEQ
McGlade David
Director
Transactions
- Sale
Common Shares
2020-05-18$0.40/sh−100,000$40,280→ 0 total(indirect: See footnote) - Sale
Common Shares
2020-05-18$0.41/sh−464,244$188,854→ 275,079 total(indirect: See footnote) - Sale
Common Shares
2020-05-19$0.17/sh−555,717$92,805→ 0 total(indirect: See footnote) - Sale
Common Shares
2020-05-19$0.26/sh−275,082$71,604→ 0 total(indirect: See footnote) - Sale
Common Shares
2020-05-18$0.43/sh−453,486$194,455→ 0 total(indirect: See footnote)
Holdings
- 909,990
Options (Right to Buy)
Exercise: $18.00Exp: 2023-02-04→ Common Shares (909,990 underlying) - 700,000
Options (Right to Buy)
Exercise: $4.16Exp: 2023-02-04→ Common Shares (700,000 underlying) - 17,700
Options (Right to Buy)
Exercise: $3.77Exp: 2023-05-01→ Common Shares (177,000 underlying) - 9,000
Restricted Share Units
→ Common Shares (9,000 underlying) - 253,622
Options (Right to Buy)
Exercise: $3.77Exp: 2023-02-04→ Common Shares (253,622 underlying)
Footnotes (13)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.3900 to $0.4500, inclusive. The reporting person undertakes to provide to Intelsat S.A., any security holder of Intelsat S.A. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares at each separate price within the ranges set forth in this footnote.
- [F10]Each restricted share unit ("RSU") represents a contingent right to receive one Common Share. The full amount of the RSUs will vest on June 13, 2020.
- [F11]The full amount of the options vested on April 18, 2013.
- [F12]The full amount of the options have vested.
- [F13]The options vested in twenty-four (24) equal monthly installments, beginning June 1, 2013.
- [F2]These Common Shares are held by the Article 4 Family Trust U/T David McGlade 2009 GRAT.
- [F3]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.2010 to $0.3200, inclusive. The reporting person undertakes to provide to Intelsat S.A., any security holder of Intelsat S.A. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares at each separate price within the ranges set forth in this footnote.
- [F4]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.3810 to $0.4519, inclusive. The reporting person undertakes to provide to Intelsat S.A., any security holder of Intelsat S.A. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares at each separate price within the ranges set forth in this footnote.
- [F5]These Common Shares are held by the David McGlade 2019 Intelsat GRAT 2.
- [F6]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.4000 to $0.4064, inclusive. The reporting person undertakes to provide to Intelsat S.A., any security holder of Intelsat S.A. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares at each separate price within the ranges set forth in this footnote.
- [F7]These Common Shares are held by the David McGlade Revocable Trust.
- [F8]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.1500 to $0.2050, inclusive. The reporting person undertakes to provide to Intelsat S.A., any security holder of Intelsat S.A. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares at each separate price within the ranges set forth in this footnote.
- [F9]These Common Shares are held by McGlade Investments II, LLC. The shares were originally purchased in a private transaction.