4//SEC Filing
Fromont Bruno 4
Accession 0001209191-20-032365
CIK 0001525773other
Filed
May 26, 8:00 PM ET
Accepted
May 27, 5:46 PM ET
Size
14.1 KB
Accession
0001209191-20-032365
Insider Transaction Report
Form 4
Intelsat S.A.INTEQ
Fromont Bruno
SVP, Strategy and Planning
Transactions
- Disposition to Issuer
Restricted Share Units
2020-04-30−12,000→ 0 total→ Common shares (12,000 underlying)
Holdings
- 4,112
Restricted Share Units
→ Common shares (4,112 underlying) - 7,000
Restricted Share Units
→ Common shares (7,000 underlying) - 5,000
Options (Right to Buy)
Exercise: $3.77→ Common shares (5,000 underlying) - 53,017
Common Shares
- 4,000
Restricted Share Units
→ Common shares (4,000 underlying) - 16,668
Restricted Share Units
→ Common shares (16,668 underlying) - 20,000
Options (Right to Buy)
Exercise: $3.77→ Common shares (20,000 underlying)
Footnotes (7)
- [F1]Each restricted share unit ("RSU") represents a contingent right to receive one Common Share.
- [F2]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.
- [F3]The RSUs will vest on September 30, 2020.
- [F4]The RSUs will vest on October 1, 2020.
- [F5]The RSUs will vest on March 1, 2021.
- [F6]The RSUs vest in two equal annual installments, beginning March 1, 2021.
- [F7]The options are fully vested and exercisable.
Documents
Issuer
Intelsat S.A.
CIK 0001525773
Entity typeother
Related Parties
1- filerCIK 0001810370
Filing Metadata
- Form type
- 4
- Filed
- May 26, 8:00 PM ET
- Accepted
- May 27, 5:46 PM ET
- Size
- 14.1 KB