4//SEC Filing
Good Alexander H 4
Accession 0000756502-10-000004
CIK 0000756502other
Filed
Mar 28, 8:00 PM ET
Accepted
Mar 29, 4:50 PM ET
Size
10.9 KB
Accession
0000756502-10-000004
Insider Transaction Report
Form 4
Good Alexander H
DirectorChairman, CEO and President
Transactions
- Disposition to Issuer
Common Stock
2010-03-29$5.00/sh−133,334$666,670→ 0 total - Disposition to Issuer
Common Stock
2010-03-29−266,667→ 0 total - Disposition to Issuer
Common Stock
2010-03-29$5.00/sh−535,600$2,678,000→ 0 total - Disposition to Issuer
Employee Stock Options (right to buy)
2010-03-29$5.00/sh−1,692,000$8,460,000→ 0 totalExercise: $2.29Exp: 2014-02-28→ Common Stock (1,692,000 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to merger agreement ("Merger Agreement") between Issuer and Harbinger Capital Partners Master Fund I, Ltd, Harbinger Capital Partners Special Situations Fund, L.P., and Sol Private Corp. in exchange for $5 per share in cash. Restricted stock grants which vested and were acquired and canceled pursuant to the Merger Agreement
- [F2]These restricted shares canceled without consideration unless Mr. Good's employment is terminated for specified reasons prior to June 19, 2010
- [F3]This option, which provided for vesting in three equal installments beginning March 1, 2005, was canceled in the merger in exchange for a cash payment of $4,590,396 representing the difference between the exercise price of the option and the merger price of the Issuer common stock ($5 per share)
Documents
Issuer
SKYTERRA COMMUNICATIONS INC
CIK 0000756502
Entity typeother
Related Parties
1- filerCIK 0001382929
Filing Metadata
- Form type
- 4
- Filed
- Mar 28, 8:00 PM ET
- Accepted
- Mar 29, 4:50 PM ET
- Size
- 10.9 KB