Fromont Bruno 4
4 · Intelsat S.A. · Filed Jun 17, 2020
Insider Transaction Report
Form 4
Intelsat S.A.INTEQ
Fromont Bruno
SVP, Strategy and Planning
Transactions
- Sale
Common Shares
2020-06-16$0.67/sh−53,017$35,357→ 0 total
Holdings
- 16,668
Restricted Share Units
→ Common shares (16,668 underlying) - 4,112
Restricted Share Units
→ Common shares (4,112 underlying) - 5,000
Options (Right to Buy)
Exercise: $3.77→ Common shares (5,000 underlying) - 7,000
Restricted Share Units
→ Common shares (7,000 underlying) - 20,000
Options (Right to Buy)
Exercise: $3.77→ Common shares (20,000 underlying) - 4,000
Restricted Share Units
→ Common shares (4,000 underlying)
Footnotes (7)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.6410 to $0.7046, 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]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.