Key facts
- This page summarizes Michael B. Targoff's Form 4 filing for LORAL SPACE & COMMUNICATIONS INC..
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 22 Nov 2021, 16:26.
Michael B. Targoff - 19 Nov 2021 Form 4 Insider Report for LORAL SPACE & COMMUNICATIONS INC.
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 19 Nov 2021
- Net transaction value
- $0
- Reporting owner signature
- /s/ Michael B. Targoff
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Michael B. Targoff filed Form 4 for LORAL SPACE & COMMUNICATIONS INC. on 22 Nov 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
LORL
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -81,872
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 19 Nov 2021
- Ownership
- Direct
- Footnotes
- F1
LORL
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -24,533
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 19 Nov 2021
- Ownership
- See Footnote
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Michael B. Targoff is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 2 footnotes
Footnote F1
Each of these shares was converted into the right to receive one newly issued Class B common share of Telesat Corporation immediately prior to the effective time of the Merger (as defined in the Transaction Agreement) pursuant to the Transaction Agreement and Plan of Merger (as amended from time to time and including all exhibits and schedules thereto, the "Transaction Agreement"), dated as of November 23, 2020, as amended on June 24, 2021, by and among Loral Space & Communications Inc., Telesat Corporation, Telesat Canada, Telesat Partnership LP, Telesat CanHold Corporation, Lion Combination Sub Corporation, Public Sector Pension Investment Board and Red Isle Private Investments Inc., subject to the terms and conditions therein.
Footnote F2
These shares were owned by a charitable foundation of which Mr. Targoff is president and of which Mr. Targoff disclaimed beneficial ownership.