GINN SAM 4
4 · ICO Global Communications (Holdings) LTD · Filed Mar 11, 2010
Insider Transaction Report
Form 4
GINN SAM
Director
Transactions
- Exercise of In-Money
Class A Common Stock
2010-03-09$0.70/sh+39,418$27,593→ 231,135 total - Exercise of In-Money
Subscription Rights (right to buy)
2010-03-09−39,418→ 0 totalExercise: $0.70From: 2010-02-08Exp: 2010-03-09→ Class A Common Stock (39,418 underlying)
Footnotes (1)
- [F1]Represents shares of the Company's Class A common stock purchased at a subscription price of $0.70 per share ("Rights Offering") under the basic subscription privilege of the Rights Offering. Additional shares were subscribed for by the Reporting Person in the over-subscription privilege of the Rights Offering. Such over-subscription privilege is subject to proration and such proration was not finalized as of the date of this report. An amended Form 4 will be filed reporting the additional shares acquired by the Reporting Person under the over-subscription privilege when the allocation is finalized by the rights agent.