McElroy Thomas 4
4 · Hughes Communications, Inc. · Filed Apr 20, 2009
Insider Transaction Report
Form 4
McElroy Thomas
Chief Accounting Officer
Transactions
- Award
Employee Stock Option (right to buy)
2009-04-16+7,500→ 7,500 totalExercise: $14.47Exp: 2019-04-16→ Common Stock (7,500 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2009-04-16−7,500→ 0 totalExercise: $54.00Exp: 2018-04-24→ Common Stock (7,500 underlying)
Footnotes (3)
- [F1]The option provided for vesting in three installments of 50% on April 24, 2010, 25% on April 24, 2011, and 25% on April 24, 2012.
- [F2]On April 16, 2009, the issuer canceled, pursuant to the issuer's option exchange program, an option for 7,500 shares of Hughes Communications, Inc. common stock granted to the reporting person on April 24, 2008. In exchange, the reporting person received a replacement option for 7,500 shares, having an exercise price of $14.47 per share.
- [F3]The option vests in three installments of 50% on April 16, 2011, 25% on April 16, 2012, and 25% on April 16, 2013.