Pourmand Bahram 4
4 · Hughes Communications, Inc. · Filed Apr 20, 2009
Insider Transaction Report
Form 4
Pourmand Bahram
Executive Vice President
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2009-04-16−25,000→ 0 totalExercise: $54.00Exp: 2018-04-24→ Common Stock (25,000 underlying) - Award
Employee Stock Option (right to buy)
2009-04-16+25,000→ 25,000 totalExercise: $14.47Exp: 2019-04-16→ Common Stock (25,000 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 25,000 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 25,000 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.