ICO Global Communications (Holdings) LTD 4
4 · ICO Global Communications (Holdings) LTD · Filed Jul 12, 2007
Insider Transaction Report
Form 4
WASSERMAN DAVID H
Director
Transactions
- Sale
Class A Common Stock
2007-07-10$3.50/sh−21,351$74,729→ 13,928,649 total(indirect: CDR-Satco, L.L.C.)
Footnotes (2)
- [F1]The Reporting Person is an officer of CDR-Satco, L.L.C. ("CDR"). The Reporting Person is an employee of Clayton, Dubilier & Rice, Inc. ("CD&R"), which acts as investment adviser to Clayton, Dubilier & Rice Fund VI Limited Partnership ("Fund"), the sole member of CDR and the beneficial owners of the Issuer's securities held by CDR. In addition, the Reporting Person is a limited partner of CD&R Associates VI Limited Partnership ("Associates LP"), the general partner of the Fund, which is entitled to a portion of the net gain realized by the Fund on its investments, and a director of CD&R Investment Associates VI, Inc., the general partner of Associates LP. Accordingly, the Reporting Person may be deemed to share the power to vote or to direct the vote of, or to dispose or to direct the disposition, of the Issuer's securities beneficially owned by the Fund.
- [F2]The Reporting Person disclaims any beneficial ownership of the Issuer's securities directly owned by CDR and beneficially owned by the Fund, except to the extent of any pecuniary interest as a result of the relationships described above.