Filing Details
- Accession Number:
- 0001209191-20-031090
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-05-20 21:45:47
- Reporting Period:
- 2020-04-30
- Accepted Time:
- 2020-05-20 21:45:47
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1525773 | Intelsat S.a. | INTEQ | Communications Services, Nec (4899) | 981009418 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1798907 | Samer Halawi | C/O Intelsat S.a. 4, Rue Albert Borschette Luxembourg N4 L-1246 | Evp & Chief Commercial Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Shares | Disposition | 2020-05-18 | 24,459 | $0.39 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Shares | Restricted Share Units | Disposition | 2020-04-30 | 45,000 | $0.00 | 45,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | D | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Shares | Restricted Share Units | $0.00 | 15,580 | 15,580 | Direct | ||
| Common Shares | Restricted Share Units | $0.00 | 25,000 | 25,000 | Direct | ||
| Common Shares | Restricted Share Units | $0.00 | 10,000 | 10,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 15,580 | 15,580 | Direct | |
| 25,000 | 25,000 | Direct | |
| 10,000 | 10,000 | Direct |
Footnotes
- 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.
- Each restricted share unit ("RSU") represents a contingent right to receive one Common Share.
- 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.
- The RSUs vest in two equal annual installments, beginning March 1, 2021.
- The RSUs will vest on March 1, 2021.
- The full amount of the RSUs will vest on January 9, 2021.
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