SEC Filing | Intelsat

View:

SEC FORM 3 SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

McGlade David

(Last)

(First)

(Middle)

C/O INTELSAT S.A.

4, RUE ALBERT BORSCHETTE

(Street)

LUXEMBOURG

L-1246

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2020

3. Issuer Name and Ticker or Trading Symbol
Intelsat S.A. [ I ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares	739,326	I	See footnote⁽¹⁾
Common Shares	100,000	I	See footnote⁽²⁾
Common Shares	453,486	I	See footnote⁽³⁾
Common Shares	555,717	I	See footnote⁽⁴⁾

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Restricted Share Units	⁽⁵⁾	⁽⁵⁾	Common Shares	9,000	⁽⁵⁾	D
Options (Right to Buy)	⁽⁶⁾	02/04/2023	Common Shares	909,990	18	D
Options (Right to Buy)	⁽⁷⁾	02/04/2023	Common Shares	700,000	4.16	D
Options (Right to Buy)	⁽⁸⁾	02/04/2023	Common Shares	253,622	3.77	D
Options (Right to Buy)	⁽⁹⁾	05/01/2023	Common Shares	177,000	3.77	D

Explanation of Responses:

1. These Common Shares are held by the Article 4 Family Trust U/T David McGlade 2009 GRAT.

2. These Common Shares are held by the David McGlade Revocable Trust.

3. These Common Shares are held by the David McGlade 2019 Intelsat GRAT 2.

4. These Common Shares are held by McGlade Investments II, LLC. The shares were originally purchased in a private transaction.

5. Each restricted share unit ("RSU") represents a contingent right to receive one Common Share. The full amount of the RSUs will vest on June 13, 2020.

6. The full amount of the options vested on April 18, 2013.

7. The full amount of the options vested on April 18, 2013.

8. The full amount of the options have vested.

9. The options vested in twenty-four (24) equal monthly installments, beginning June 1, 2013.

Remarks:

EXHIBIT LIST - Exhibit 24 - Power of Attorney for David McGlade.

	/s/ Sajid Ajmeri as attorney-in-fact	01/10/2020
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Exhibit 24

POWER OF ATTORNEY

            Know all by these presents, that the undersigned hereby makes,
constitutes and appoints each of Michelle Bryan, Sajid Ajmeri and Tracy
Lundquist, or any of them acting individually, and with full power of
substitution, the undersigned's true and lawful attorney-in-fact to:

(1)         prepare, execute in the undersigned's name and on the undersigned's
behalf, and submit to the U.S. Securities and Exchange Commission (the "SEC") a
Form ID, including amendments thereto, and any other documents necessary or
appropriate to obtain codes and passwords enabling the undersigned to make
electronic filings with the SEC of reports required by Section 16(a) of the
Securities Exchange Act of 1934 or any rule or regulation of the SEC;

(2)         execute for and on behalf of the undersigned, in the undersigned's
capacity as an officer and/or director of Intelsat S.A., a company organized and
existing under the laws of the Grand Duchy of Luxembourg (the "Company"), Forms
3, 4, and 5, including amendments thereto, in accordance with Section 16(a) of
the Securities Exchange Act of 1934 and the rules and regulations thereunder;

(3)         do and perform any and all acts for and on behalf of the undersigned
which may be necessary or desirable to complete and execute any such Form 3, 4,
or 5, complete and execute any amendment or amendments thereto, and file any
such form or amendment with the SEC and any stock exchange or similar authority,
including filing this Power of Attorney with the SEC; and

(4)         take any other action of any type whatsoever in connection with the
foregoing which, in the opinion of such attorney-in-fact, may be of benefit to,
in the best interest of, or legally required by, the undersigned, it being
understood that the documents executed by such attorney-in-fact on behalf of the
undersigned pursuant to this Power of Attorney shall be in such form and shall
contain such terms and conditions as such attorney-in-fact may approve in such
attorney-in-fact's discretion.

            The undersigned hereby grants to each such attorney-in-fact full
power and authority to do and perform any and every act and thing whatsoever
requisite, necessary, or proper to be done in the exercise of any of the rights
and powers herein granted, as fully to all intents and purposes as the
undersigned might or could do if personally present, with full power of
substitution or revocation, hereby ratifying and confirming all that such
attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall
lawfully do or cause to be done by virtue of this Power of Attorney and the
rights and powers herein granted.  The undersigned acknowledges that the
foregoing attorneys-in-fact, in serving in such capacity at the request of the
undersigned, are not assuming, nor is the Company assuming, any of the
undersigned's responsibilities to comply with Section 16 of the Securities
Exchange Act of 1934.

            This Power of Attorney shall remain in full force and effect until
the undersigned is no longer required to file Forms 3, 4, and 5 with respect to
the undersigned's holdings of and transactions in securities issued by the
Company, unless earlier (a) revoked by the undersigned in a signed writing
delivered to the foregoing attorneys-in-fact, or (b) superseded by a new power
of attorney regarding the purposes outlined herein at a later date.

            IN WITNESS WHEREOF, the undersigned has caused this Power of
Attorney to be executed as of this 12th day of December, 2019.

/s/ David McGlade
David McGlade