Home > Insider Trading > Filing (0001209191-20-031091)

Filing Details

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
1798887	Stephen Spengler	C/O Intelsat S.a. 4, Rue Albert Borschette Luxembourg N4 L-1246	Chief Executive Officer	Yes	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	278,265	$0.41	864,619	No	4	S	Indirect	(See footnote)

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	(See footnote)

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	163,000	$0.00	163,000	$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	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Shares	Restricted Share Units	$0.00		56,724	56,724	Direct
Common Shares	Restricted Share Units	$0.00		71,500	71,500	Direct
Common Shares	Options (Right to Buy)	$3.77	2025-12-15	150,000	150,000	Direct
Common Shares	Options (Right to Buy)	$3.77	2023-05-01	43,000	43,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	56,724	56,724	Direct
	71,500	71,500	Direct
2025-12-15	150,000	150,000	Direct
2023-05-01	43,000	43,000	Direct

Footnotes

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.3850 to $0.4550, 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.
These Common Shares are held by The Stephen Spengler Revocable Trust (U/A December 12, 2006).
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 options vested in two equal annual installments beginning December 15, 2016.
The options vested in twenty-four (24) equal monthly installments, beginning June 1, 2013.