Statement of Changes in Beneficial Ownership (4)
June 17 2020 - 6:09PM
Edgar (US Regulatory)
FORM 4
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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
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1. Name and Address of Reporting Person
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Fromont Bruno |
2. Issuer Name and Ticker or Trading Symbol
Intelsat S.A.
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INTEQ
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) SVP, Strategy and Planning |
(Last)
(First)
(Middle)
C/O INTELSAT S.A., 4, RUE ALBERT BORSCHETTE |
3. Date of Earliest Transaction
(MM/DD/YYYY)
6/16/2020 |
(Street)
LUXEMBOURG, N4 L-1246
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Shares | 6/16/2020 | | S | | 53017 | D | $0.6669 (1) | 0 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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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) | (3) | Common shares | 4000 | | 4000 | D | |
Restricted Share Units | (2) | | | | | | | (4) | (4) | Common shares | 16668 | | 16668 | D | |
Restricted Share Units | (2) | | | | | | | (5) | (5) | Common shares | 7000 | | 7000 | D | |
Restricted Share Units | (2) | | | | | | | (6) | (6) | Common shares | 4112 | | 4112 | D | |
Options (Right to Buy) | $3.77 | | | | | | | (7) | (7) | Common shares | 20000 | | 20000 | D | |
Options (Right to Buy) | $3.77 | | | | | | | (7) | (7) | Common shares | 5000 | | 5000 | D | |
Explanation of Responses: |
(1) | 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. |
(2) | Each restricted share unit ("RSU") represents a contingent right to receive one Common Share. |
(3) | The RSUs will vest on September 30, 2020. |
(4) | The RSUs will vest on October 1, 2020. |
(5) | The RSUs will vest on March 1, 2021. |
(6) | The RSUs vest in two equal annual installments, beginning March 1, 2021. |
(7) | The options are fully vested and exercisable. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Fromont Bruno C/O INTELSAT S.A. 4, RUE ALBERT BORSCHETTE LUXEMBOURG, N4 L-1246 |
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| SVP, Strategy and Planning |
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Signatures
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/s/ Sajid Ajmeri, Attorney-in-fact | | 6/17/2020 |
**Signature of Reporting Person | Date |