Statement of Changes in Beneficial Ownership (4)
03 Março 2020 - 6:53PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
1. Name and Address of Reporting Person
*
Spengler Stephen |
2. Issuer Name and Ticker or Trading Symbol
Intelsat S.A.
[
I
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chief Executive Officer |
(Last)
(First)
(Middle)
C/O INTELSAT S.A., 4, RUE ALBERT BORSCHETTE |
3. Date of Earliest Transaction
(MM/DD/YYYY)
3/1/2020 |
(Street)
LUXEMBOURG, N4 L-1246
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security (Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code (Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Common Shares | 3/1/2020 | | A | | 333000 | A | $0.00 | 1197619 | I | (See footnote) (1) |
Common Shares | 3/1/2020 | | M | | 173862 | A | (2) | 1371481 | I | (See footnote) (1) |
Common Shares | 3/1/2020 | | F | | 228597 | D | $3.86 | 1142884 | I | (See footnote) (1) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Restricted Share Units | (2) | 3/1/2020 | | A | | 163000 | | (3) | (3) | Common Shares | 163000 | (2) | 163000 | D | |
Restricted Share Units | (2) | 3/1/2020 | | M | | | 28362 | (4) | (4) | Common Shares | 28362 | (2) | 56724 | D | |
Restricted Share Units | (2) | 3/1/2020 | | M | | | 71500 | (5) | (5) | Common Shares | 71500 | (2) | 71500 | D | |
Restricted Share Units | (2) | 3/1/2020 | | M | | | 74000 | (6) | (6) | Common Shares | 74000 | (2) | 0 | D | |
Options (Right to Buy) | $3.77 | | | | | | | (7) | 12/15/2025 | Common Shares | 150000 | | 150000 | D | |
Options (Right to Buy) | $3.77 | | | | | | | (8) | 5/1/2023 | Common Shares | 43000 | | 43000 | D | |
Explanation of Responses: |
(1) | These Common Shares are held by The Stephen Spengler Revocable Trust (U/A December 12, 2006). |
(2) | Each restricted share unit ("RSU") represents a contingent right to receive one Common Share. |
(3) | The RSUs will vest in three equal annual installments, beginning March 1, 2021. |
(4) | The RSUs vest in three equal annual installments, beginning March 1, 2020. |
(5) | The RSUs vest in two equal annual installments, beginning March 1, 2020. |
(6) | The full amount of the RSUs will vest on March 1, 2020. |
(7) | The options vested in two equal annual installments beginning December 15, 2016. |
(8) | The options vested in twenty-four (24) equal monthly installments, beginning June 1, 2013. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Spengler Stephen C/O INTELSAT S.A. 4, RUE ALBERT BORSCHETTE LUXEMBOURG, N4 L-1246 | X |
| Chief Executive Officer |
|
Signatures
|
/s/ Sajid Ajmeri as attorney-in-fact | | 3/3/2020 |
**Signature of Reporting Person | Date |
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