4//SEC Filing
Halawi Samer 4
Accession 0001209191-20-031090
CIK 0001525773other
Filed
May 19, 8:00 PM ET
Accepted
May 20, 9:45 PM ET
Size
11.8 KB
Accession
0001209191-20-031090
Insider Transaction Report
Form 4
Intelsat S.A.INTEQ
Halawi Samer
EVP & Chief Commercial Officer
Transactions
- Sale
Common Shares
2020-05-18$0.39/sh−24,459$9,568→ 0 total - Disposition to Issuer
Restricted Share Units
2020-04-30−45,000→ 0 total→ Common Shares (45,000 underlying)
Holdings
- 15,580
Restricted Share Units
→ Common Shares (15,580 underlying) - 25,000
Restricted Share Units
→ Common Shares (25,000 underlying) - 10,000
Restricted Share Units
→ Common Shares (10,000 underlying)
Footnotes (6)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.3875 to $0.3985, 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.
- [F2]Each restricted share unit ("RSU") represents a contingent right to receive one Common Share.
- [F3]On April 30, 2020 the RSUs granted on March 1, 2020 were cancelled. In exchange, the reporting person received a new performance-based incentive arrangement providing for the payment in cash of up to 82% of the grant date value of the RSUs, portions of which are to be received based upon achievement of objective performance criteria to be established by the Company's Compensation Committee.
- [F4]The RSUs vest in two equal annual installments, beginning March 1, 2021.
- [F5]The RSUs will vest on March 1, 2021.
- [F6]The full amount of the RSUs will vest on January 9, 2021.
Documents
Issuer
Intelsat S.A.
CIK 0001525773
Entity typeother
Related Parties
1- filerCIK 0001798907
Filing Metadata
- Form type
- 4
- Filed
- May 19, 8:00 PM ET
- Accepted
- May 20, 9:45 PM ET
- Size
- 11.8 KB