SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.1)1
PanAmSat Corporation
(Name of Issuer)
Common Stock, par value $.01 per share
(Title of Class of Securities)
69830X207
(CUSIP Number)
- --------------------------------------------
1 The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of section 18 of the Securities Exchange
Act of 1934 ("Act") or to otherwise subject to the liabilities of that
section of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).
<PAGE>
- --------- =====================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
Anselmo Group Class A Voting Trust
- --------- =====================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) | |
- --------- =====================================================================
3 SEC USE ONLY
- --------- =====================================================================
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------------------------- ===================================================
5 SOLE VOTING POWER
NUMBER OF SHARES 40,459,432 shares
BENEFICIALLY
OWNED BY ------- ===========================================
EACH REPORTING PERSON WITH 6 SHARED VOTING POWER
0 shares
------- ===========================================
7 SOLE DISPOSITIVE POWER
0 shares
------- ===========================================
8 SHARED DISPOSITIVE POWER
0 shares
- --------- =====================================================================
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
40,459,432 shares
- --------- =====================================================================
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------- =====================================================================
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
67.95% of the Common Stock (calculated in accordance with
Rule 13d-3(d)(1)(i)) 100% of outstanding Class A Common Stock
40.5% of combined equity of outstanding Class A Common Stock,
Class B Common Stock and Common Stock
- --------- =====================================================================
12 TYPE OF REPORTING PERSON*
00
- --------- =====================================================================
*SEE INSTRUCTIONS BELOW BEFORE FILLING OUT!
<PAGE>
- --------- =====================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
Article VII Trust Created Under the Rene Anselmo Revocable
Trust Dated June 10, 1994 (the "Article VII Trust")
- --------- =====================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) | |
- --------- =====================================================================
3 SEC USE ONLY
- --------- =====================================================================
4 CITIZENSHIP OR PLACE OF ORGANIZATION
- -------------------------- ====================================================
5 SOLE VOTING POWER
NUMBER OF SHARES 0 shares
BENEFICIALLY
OWNED BY ------- ===========================================
EACH REPORTING PERSON WITH 6 SHARED VOTING POWER
0 shares
------- ===========================================
7 SOLE DISPOSITIVE POWER
28,955,313 shares
------- ===========================================
8 SHARED DISPOSITIVE POWER
0 shares
- --------- =====================================================================
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
28,955,313 shares
- --------- =====================================================================
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------- =====================================================================
1 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
60.28% of the Common Stock (calculated in accordance with
Rule 13d-3(d)(1)(i)) 71.6% of Class A Common Stock 29.0% of
combined equity of outstanding Class A Common Stock, Class B
Common Stock and Common Stock
- --------- =====================================================================
12 TYPE OF REPORTING PERSON*
00
- --------- =====================================================================
*SEE INSTRUCTIONS BELOW BEFORE FILLING OUT!
<PAGE>
- --------- =====================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
Mary Anselmo
- --------- =====================================================================
- --------- =====================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) | |
- --------- =====================================================================
3 SEC USE ONLY
- --------- =====================================================================
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- -------------------------- ====================================================
5 SOLE VOTING POWER
NUMBER OF SHARES 0 shares
BENEFICIALLY
OWNED BY ------- ===========================================
EACH REPORTING PERSON WITH 6 SHARED VOTING POWER
40,459,432 shares
------- ===========================================
7 SOLE DISPOSITIVE POWER
1,890,678 shares
(see item 10 below)
------- ===========================================
8 SHARED DISPOSITIVE POWER
28,955,313
- --------- =====================================================================
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
30,845,991 shares
- --------- =====================================================================
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
|X| Excludes 9,613,441 shares as to which beneficial ownership
is disclaimed
- --------- =====================================================================
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
61.78% of Common Stock (calculated in accordance with Rule
13d-3(d)(1)(i)) 76.2% of outstanding Class A Common Stock
30.8% of combined equity of outstanding Class A Common Stock,
Class B Common Stock and Common Stock
- --------- =====================================================================
12 TYPE OF REPORTING PERSON*
IN
- --------- =====================================================================
*SEE INSTRUCTIONS BELOW BEFORE FILLING OUT!
<PAGE>
- --------- =====================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
Reverge Anselmo
- --------- =====================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) | |
- --------- =====================================================================
3 SEC USE ONLY
- --------- =====================================================================
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- -------------------------- ===================================================
5 SOLE VOTING POWER
NUMBER OF SHARES 0 shares
BENEFICIALLY
OWNED BY ------- ===========================================
EACH REPORTING PERSON WITH 6 SHARED VOTING POWER
40,459,432 shares
------- ===========================================
7 SOLE DISPOSITIVE POWER
678,031 shares
------- ===========================================
8 SHARED DISPOSITIVE POWER
28,955,313 shares
- --------- =====================================================================
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
678,031 shares
- --------- =====================================================================
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|X| Excludes 39,781,401 shares as to which beneficial ownership
is disclaimed.
- --------- =====================================================================
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.43% of Common Stock (calculated in accordance with Rule
13d-3(d)(1)(i)) 1.7% of outstanding Class A Common Stock less
than 1% of combined equity of outstanding Class A Common
Stock, Class B Common Stock and Common Stock
- --------- =====================================================================
12 TYPE OF REPORTING PERSON*
IN
- --------- =====================================================================
*SEE INSTRUCTIONS BELOW BEFORE FILLING OUT!
<PAGE>
- --------- =====================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
Lourdes Saralegui
- --------- =====================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) | |
- --------- =====================================================================
3 SEC USE ONLY
- --------- =====================================================================
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- -------------------------- ===================================================
5 SOLE VOTING POWER
NUMBER OF SHARES 30,000 shares
BENEFICIALLY
OWNED BY ------- ===========================================
EACH REPORTING PERSON WITH 6 SHARED VOTING POWER
40,459,432 shares
------- ===========================================
7 SOLE DISPOSITIVE POWER
404,099 shares
------- ===========================================
8 SHARED DISPOSITIVE POWER
0 shares
- --------- =====================================================================
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
404,099 shares
- --------- =====================================================================
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|X| Excludes 40,085,33 shares as to which beneficial ownership
is disclaimed.
- --------- =====================================================================
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.92% of Common Stock (calculated in accordance with Rule
13d-3(d)(1)(i)) less than 1% of each of the (i) outstanding
Class A Common Stock and (ii) the combined equity of
outstanding Class A Common Stock, Class B Common Stock and
Common Stock
- --------- =====================================================================
12 TYPE OF REPORTING PERSON*
IN
- --------- =====================================================================
*SEE INSTRUCTIONS BELOW BEFORE FILLING OUT!
<PAGE>
- --------- =====================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
Frederick A. Landman
- --------- =====================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) | |
- --------- =====================================================================
3 SEC USE ONLY
- --------- =====================================================================
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------- =====================================================================
5 SOLE VOTING POWER
NUMBER OF SHARES 40,000 shares
BENEFICIALLY
------- ===========================================
OWNED BY 6 SHARED VOTING POWER
EACH REPORTING PERSON WITH 40,459,432 shares
------- ===========================================
7 SOLE DISPOSITIVE POWER
4,993,058 shares
------- ===========================================
8 SHARED DISPOSITIVE POWER
0 shares
------- ===========================================
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,993,058 shares
- --------- =====================================================================
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|X| Excludes 35,506,374 shares as to which beneficial ownership
is disclaimed.
- --------- =====================================================================
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
20.6% of Common Stock (calculated in accordance with Rule
13d-3(d)(1)(i)) 12.2% of outstanding Class A Common Stock
4.9% of combined equity of outstanding Class A Common Stock,
Class B Common Stock and Common Stock
- --------- =====================================================================
12 TYPE OF REPORTING PERSON*
IN
- --------- =====================================================================
*SEE INSTRUCTIONS BELOW BEFORE FILLING OUT!
<PAGE>
- --------- =====================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
Pier Landman
- --------- =====================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) | |
- --------- =====================================================================
3 SEC USE ONLY
- --------- =====================================================================
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- -------------------------- ===================================================
5 SOLE VOTING POWER
NUMBER OF SHARES 0 shares
BENEFICIALLY
OWNED BY ------- ===========================================
EACH REPORTING PERSON WITH 6 SHARED VOTING POWER
0 shares
------- ===========================================
7 SOLE DISPOSITIVE POWER
540,176 shares (See item 10 below)
------- ===========================================
8 SHARED DISPOSITIVE POWER
0 shares
- --------- =====================================================================
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
540,176 shares
- --------- =====================================================================
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|X| Excludes 189,068 shares as to which beneficial ownership is
disclaimed.
- --------- =====================================================================
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.75% of Common Stock (calculated in accordance with Rule
13d-3(d)(1)(i)) 1.3% of outstanding Class A Common Stock less
than 1% of combined equity of Class A Common Stock, Class B
Common Stock and Common Stock
- --------- =====================================================================
12 TYPE OF REPORTING PERSON*
IN
- --------- =====================================================================
*SEE INSTRUCTIONS BELOW BEFORE FILLING OUT!
<PAGE>
- --------- =====================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
Trust for Chloe Landman
- --------- =====================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) | |
- --------- =====================================================================
3 SEC USE ONLY
- --------- =====================================================================
4 CITIZENSHIP OR PLACE OF ORGANIZATION
[Connecticut]
- -------------------------- ===================================================
5 SOLE VOTING POWER
NUMBER OF SHARES 0 shares
BENEFICIALLY
OWNED BY ------- ===========================================
EACH REPORTING PERSON WITH 6 SHARED VOTING POWER
0 shares
------- ===========================================
7 SOLE DISPOSITIVE POWER
94,534 shares
------- ===========================================
8 SHARED DISPOSITIVE POWER
0 shares
- --------- =====================================================================
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
94,534 shares
- --------- =====================================================================
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------- =====================================================================
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
.5% of Common Stock (calculated in accordance with Rule
13d-3(d)(1)(i)) less than 1% of each of the (i) outstanding
Class A Common Stock and (ii) the combined equity of
outstanding Class A Common Stock, Class B Common Stock and
Common Stock
- --------- =====================================================================
12 TYPE OF REPORTING PERSON*
00
- --------- =====================================================================
*SEE INSTRUCTIONS BELOW BEFORE FILLING OUT!
<PAGE>
- --------- =====================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
Trust for Rissa Landman
- --------- =====================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) | |
- --------- =====================================================================
3 SEC USE ONLY
- --------- =====================================================================
4 CITIZENSHIP OR PLACE OF ORGANIZATION
[Connecticut]
- --------------------------- ===================================================
5 SOLE VOTING POWER
NUMBER OF SHARES 0 shares
BENEFICIALLY
OWNED BY ------- ===========================================
EACH REPORTING PERSON WITH 6 SHARED VOTING POWER
0 shares
------- ===========================================
7 SOLE DISPOSITIVE POWER
94,534 shares
------- ===========================================
8 SHARED DISPOSITIVE POWER
0 shares
- ------- =======================================================================
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
94,534 shares
- --------- =====================================================================
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------- =====================================================================
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
.5% of Common Stock (calculated in accordance with Rule
13d-3(d)(1)(i)) less than 1% of each of the (i) outstanding
Class A Common Stock and (ii) the combined equity of
outstanding Class A Common Stock, Class B Common Stock and
Common Stock
- --------- =====================================================================
12 TYPE OF REPORTING PERSON*
00
- --------- =====================================================================
*SEE INSTRUCTIONS BELOW BEFORE FILLING OUT!
<PAGE>
- --------- =====================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
Frederick A. Landman Irrevocable Trust
- --------- =====================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) | |
- --------- =====================================================================
3 SEC USE ONLY
- --------- =====================================================================
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Connecticut
- --------------------------- ===================================================
5 SOLE VOTING POWER
NUMBER OF SHARES 0 shares
BENEFICIALLY
OWNED BY ------- ===========================================
EACH REPORTING PERSON WITH 6 SHARED VOTING POWER
0 shares
------- ===========================================
7 SOLE DISPOSITIVE POWER
2,122,738 shares
------- ===========================================
8 SHARED DISPOSITIVE POWER
0 shares
- --------- =====================================================================
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,122,738 shares
- --------- =====================================================================
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------- =====================================================================
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.01% of Common Stock (calculated in accordance with Rule
13d-3(d)(1)(i)) 5.2% of the outstanding Class A Common Stock
2.1% of the combined equity of outstanding Class A Common
Stock, Class B Common Stock and Common Stock
- --------- =====================================================================
12 TYPE OF REPORTING PERSON*
00
- --------- =====================================================================
*SEE INSTRUCTIONS BELOW BEFORE FILLING OUT!
<PAGE>
- --------- =====================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
Rayce Anselmo Trust
- --------- =====================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |X|
(b) | |
- --------- =====================================================================
3 SEC USE ONLY
- --------- =====================================================================
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Connecticut
- --------- =====================================================================
5 SOLE VOTING POWER
NUMBER OF SHARES 0 shares
BENEFICIALLY
OWNED BY ------- ===========================================
EACH REPORTING PERSON WITH 6 SHARED VOTING POWER
0 shares
------- ===========================================
7 SOLE DISPOSITIVE POWER
756,271 shares
------- ===========================================
8 SHARED DISPOSITIVE POWER
0 shares
- --------- =====================================================================
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
756,271 shares
- --------- =====================================================================
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------- =====================================================================
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.6% of Common Stock (calculated in accordance with Rule
13d-3(d)(1)(i)) 1.9% of outstanding Class A Common Stock less
than 1% of the combined equity of outstanding Class A Common
Stock, Class B Common Stock and Common Stock
- --------- =====================================================================
12 TYPE OF REPORTING PERSON*
00
- --------- =====================================================================
*SEE INSTRUCTIONS BELOW BEFORE FILLING OUT!
<PAGE>
SCHEDULE 13G
Explanatory Note: The Security to which this statement relates is the common
stock, par value $.01 per share (the "Common Stock"), of
PanAmSat Corporation, a Delaware corporation (the
"Company"). Although no person identified in Item 2 is the
record owner of any shares of Common Stock, each of the
persons filing this statement is deemed to be the beneficial
owner of the shares of Common Stock reported with respect to
such person in Item 4 by virtue of his or her beneficial
ownership of the Company's Class A Common Stock, par value
$.01 per share (the "Class A Common Stock"). Each share of
Class A Common Stock is convertible into one share of Common
Stock at any time at the option of the holder. Also,
Frederick A. Landman and Lourdes Saralegui beneficially own
40,000 shares of Common Stock and 30,000 shares of Common
Stock respectively, pursuant to a PanAmSat 1995 Stock Option
Plan.
Holders of the Common Stock are entitled to cast one vote
per share, and holders of Class A Common Stock and the
Company's Class B Common Stock, par value $.01 per share
(the "Class B Common Stock"), are entitled to cast 15 votes
per share on all matters submitted to a vote of common
stockholders. The Common Stock votes (i) with the Class A
Common Stock for the election of a majority of the directors
of the Company and (ii) with the Class B Common Stock for
the remaining directors of the Company, in each case voting
together as a single class. In addition, except as provided
in the Company's Amended and Restated Certificate of
Incorporation or otherwise required by law, the affirmative
vote of (a) the holders of a majority of the voting power of
the Class A Common Stock and the Common Stock, voting
together as a single class, and (b) the holders of a
majority of the voting power of the Class B Common Stock and
the Common Stock, voting together as a single class, is
required to approve all other matters submitted to a vote of
the Company's stockholders.
Except under certain specified circumstances, each share of
the Class A Common Stock will convert automatically into one
share of the Common Stock, and thereby lose its special
voting rights, in the event such share of Class A Common
Stock is transferred to any person or entity other than
certain specified permitted transferees or if such
conversion is required by the Federal Communication
Commission or applicable law.
Item 1. NAME OF ISSUER
(a) PanAmSat Corporation
(b) One Pickwick Plaza
Greenwich, Connecticut
Item 2(a). NAMES OF PERSONS FILING
This statement is filed by the Voting Trust, the Article VII
Trust, Mary Anselmo, Reverge Anselmo, Lourdes Saralegui,
Frederick A. Landman, Pier Landman, the Trust for Chloe
Landman, the Trust for Rissa Landman, the Frederick A
Landman Irrevocable Trust and the Rayce Anselmo Trust, all
of whom are sometimes referred to herein individually as a
"Reporting Person" and collectively as the "Reporting
Persons." The Voting Trust is a trust established under the
laws of Delaware. All of the Reporting Persons, other than
the Voting Trust, are the holders of the Voting Trust
certificates, and their rights and obligations with respect
to the Voting Trust are set forth in a voting trust
agreement (the "Voting Trust Agreement"). The address of the
Voting Trust is:
c/o PanAmSat Corporation
One Pickwick Plaza
Greenwich, Connecticut 06830
For information with respect to the address of each
Reporting Person other than the Voting Trust, see Schedule I
attached hereto.
As described in the Explanatory Note above, this statement
relates to the Common Stock of the Company, which is
issuable upon the conversion of the Company's Class A Common
Stock at the option of the holder. The Class A Common Stock
has not been registered under the Securities Exchange Act of
1934, as amended. The Common Stock is quoted on the Nasdaq
National Market System. The CUSIP number for the Common
Stock is 69830X207.
Item 3. This statement is not being filed pursuant to Rule 13d-1(b)
or Rule 13d-2(b).
Item 4. OWNERSHIP
Pursuant to the Voting Trust Agreement, Mary Anselmo,
Reverge Anselmo, Frederick A. Landman and Lourdes Saralegui,
the joint trustees of the Voting Trust (collectively, the
"Trustees"), have the ability to direct the voting of all
shares of Class A Common Stock held by the Voting Trust. The
Trustees therefore have the ability to determine the outcome
of all matters submitted for a vote of the Class A Common
Stock. Pursuant to the Voting Trust Agreement, the Trustees
act by majority vote, except for the designation of
successor trustees, which requires the unanimous vote of
certain Trustees. In the event of a tie vote, Mary Anselmo's
vote will control as long as she is a Trustee; thereafter,
Reverge Anselmo's vote will control as long as he is a
Trustee.
Set forth below is information regarding the Voting Trust:
(a) AMOUNT BENEFICIALLY OWNED. All of the 40,459,432
outstanding shares of Class A Common Stock are held
by the Voting Trust. Two of the Reporting Persons,
Mr. Landman and Ms. Saralegui, have options which
are exercisable within 60 days of the date hereof to
acquire an aggregate of 70,000 shares of Common
Stock, and options to acquire and additional 350,000
shares of Common Stock which are not exercisable
within 60 days of the date hereof, all of which
shares will not be held by the Voting Trust and for
which the Voting Trust disclaims beneficial
ownership.
(b) PERCENT OF CLASS. The 40,459,432 shares of the
Class A Common Stock represent (i) 67.95% of Common
Stock (calculated in accordance with Rule
13d-3(d)(1)(i), (ii) 100% of the Class A Common
Stock, and (iii) 40.5% of the combined equity of
outstanding Class A Common Stock, Class B Common
Stock and Common Stock.
(c) Number of shares as to which the Voting Trust has:
(i) sole power to vote or direct the vote:
40,459,432 shares of Class A Common Stock
(ii) shared power to vote or to direct the vote:
0 shares
(iii) sole power to dispose of or direct the
disposition: 0 shares
Information required by Item 4(a)-(c) is set forth for each
Reporting Person, other than the Voting Trust, on the
attached Schedule I.
Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not applicable.
Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON
Not Applicable.
Item 7. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE
SUBSIDIARY WHICH ACQUIRED THE SECURITIES BEING REPORTED ON
BY THE PARENT HOLDING COMPANY
Not Applicable.
Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not Applicable.
Item 9. NOTICE OF DISSOLUTION OF THE GROUP
Item 10. CERTIFICATION
Not Applicable
<PAGE>
Signature:
After reasonable inquiry and to the best of our knowledge and belief,
we certify that the information set forth in this statement is true, complete
and correct.
Dated: April 15, 1997
Name: /s/ Mary Anselmo
-------------------------------------
Mary Anselmo, individually and as a
trustee of the Article VII Trust
created by the RENE ANSELMO REVOCABLE
TRUST DATED JUNE 10, 1994, as a
successor trustee of the RAYCE
ANSELMO TRUST DATED DECEMBER 23, 1991
and as a successor trustee under the
Voting Trust Agreement dated as of
February 28, 1995
Name: /s/ Frederick A. Landman
-------------------------------------
Frederick A. Landman, individually
and as a trustee of the Article VII
Trust created by the RENE ANSELMO
REVOCABLE TRUST DATED JUNE 10, 1994
and as a successor trustee under the
Voting Trust Agreement dated as of
February 28, 1995
Name: /s/ Lourdes Saralegui
-------------------------------------
Lourdes Saralegui, individually and
as a trustee of the Article VII Trust
created by the RENE ANSELMO REVOCABLE
TRUST DATED JUNE 10, 1994 and as a
successor trustee under the Voting
Trust Agreement dated as of February
28, 1995
<PAGE>
Name: /s/ Pier Landman
-------------------------------------
Pier Landman, individually and as the
sole trustee of the CHLOE LANDMAN
TRUST DATED JUNE 10, 1988 and the
sole trustee of the RISSA LANDMAN
TRUST DATED JUNE 10, 1988
Name: /s/ Patrick J. Costello
-------------------------------------
Patrick J. Costello, as trustee of
the FREDERICK A. LANDMAN IRREVOCABLE
TRUST DATED DECEMBER 22, 1995 and as
a successor trustee of the RAYCE
ANSELMO TRUST DATED DECEMBER 23, 1991
Name: /s/ Reverge Anselmo
-------------------------------------
Reverge Anselmo, individually and as
a trustee of the Article VII Trust
created by the RENE ANSELMO REVOCABLE
TRUST DATED JUNE 10, 1994 and as a
successor trustee under the Voting
Trust Agreement dated as of February
28, 1995
<PAGE>
<TABLE>
<CAPTION>
SCHEDULE I
---------------------------------------------------------------------------------------
Number of Class A Common Stock Shares
---------------------------------------------------------------------------------------
Power to Vote Power to
Percent of Class or Direct Vote Dispose
------------------ ------------------- -----------------------------
Combined
Equity of
Class A,
Class B
Amount Class A and
Beneficially Common Common Common
Name and Address Owned Stock(1) Stock Stock Sole Shared Sole Shared
- -----------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Article VII Trust(2) 28,955,313 60.28 71.6 29.0 0 0 28,955,313 0
- -----------------------------------------------------------------------------------------------------------------------------------
Mary Anselmo(2) 30,845,991(3)(4) 61.78 76.2 30.8 0 40,459,432(4) 1,890,678(3) 28,955,313
- -----------------------------------------------------------------------------------------------------------------------------------
Reverge Anselmo(2) 678,031(4) 3.43 1.7 .7 0 40,459,432(4) 678,031 28,955,313(5)
- -----------------------------------------------------------------------------------------------------------------------------------
Lourdes Saralegui(2) 404,099(4)(6) 1.92 .9 .4 0 40,459,432(4) 404,099(6) 0
- -----------------------------------------------------------------------------------------------------------------------------------
Frederick A. Landman(2) 4,993,058(4)(7) 20.6 12.2 4.9 0 40,459,432(4) 4,993,058(7) 0
- -----------------------------------------------------------------------------------------------------------------------------------
Pier Landman(2) 540,176(8) 2.75 1.3 .5 0 0 540,176(8) 0
- -----------------------------------------------------------------------------------------------------------------------------------
Trust for Chloe 94,534 .5 .2 .09 0 0 94,534 0
Landman(2)
- -----------------------------------------------------------------------------------------------------------------------------------
Trust for Rissa 94,534 .5 .2 .09 0 0 94,534 0
Landman(2)
- -----------------------------------------------------------------------------------------------------------------------------------
Frederick A. Landman 2,122,738 10.01 5.2 2.1 0 0 2,122,738 0
Irrevocable
Trust(2)(9)
- -----------------------------------------------------------------------------------------------------------------------------------
Rayce Anselmo Trust(2) 756,271 3.6 1.9 .8 0 0 756,271 0
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
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1 Calculated in accordance with Rule 13d-3(d)(1)(i).
2 The address for such person is c/o PanAmSat Corporation, One Pickwick
Plaza, Greenwich, CT 06830.
3 The 30,845,991 shares of Class A Common Stock reported herein excludes
756,271 shares held by the Rayce Anselmo Trust, for which the Reporting
Person is trustee, and includes 28,955,313 shares held by the Article VII
Trust, of which the Reporting Person is the executrix and principal
beneficiary. As the trustee for the Rayce Anselmo Trust, the Reporting
Person has the sole power to dispose of the 756,271 shares of Class A
Common Stock held by the trust and, as the executrix of the Article VII
Trust, the Reporting Person has the shared power to dispose of the
28,955,313 shares held by the Article VII Trust. After giving effect to
the shares held by the Rayce Anselmo Trust, the Reporting Person would be
deemed to beneficially own an aggregate of 31,602,262 shares of Class A
Common Stock. The Reporting Person expressly disclaims beneficial
ownership of the 756,271 shares held by the Rayce Anselmo Trust and the
reporting of such shares herein shall not be construed as an admission
that the Reporting Person is, for the purposes of Section 13(d) or 13(g)
of the Securities Exchange Act of 1934 (the "Exchange Act"), the
beneficial owner of such securities.
4 As Joint Trustee of the Voting Trust, the Reporting Person exercises
shared voting power over the 40,459,432 shares of Class A Common Stock
held by the Voting Trust. The Reporting Person disclaims beneficial
ownership of such securities, and this statement shall not be construed as
an admission that the Reporting Person is, for the purposes of Section
13(d) or 13(g) of the Exchange Act the beneficial owner of such
securities, other than to the extent the Reporting Person claims
beneficial ownership as indicated in the "Amount Beneficially Owned"
column of this Schedule.
5 As Joint Trustee of the Voting Trust, the Reporting Person exercises
shared voting power over the 40,459,432 shares of Class A Common Stock
held by the Voting Trust. The Reporting Person disclaims beneficial
ownership of such securities.
6 Includes 30,000 shares of Common Stock issuable upon the exercise of
stock options granted to the Reporting Person, which options are
exercisable within 60 days of the date hereof. Excludes 120,000 shares of
Common Stock issuable upon the exercise of stock options granted to the
Reporting Person, which options are not exercisable within 60 days of the
date hereof.
7 Includes 40,000 shares of Common Stock issuable upon the exercise of
stock options granted to the Reporting Person, which options are
exercisable within 60 days of the date hereof. Excludes 200,000 shares of
Common Stock issuable upon the exercise of stock options granted to the
Reporting Person, which options are not exercisable within 60 days of the
date hereof.
8 Excludes (i) 94,534 shares of Class A Common Stock held by the Trust for
Chloe Landman, for which the Reporting Person is the trustee, and (ii)
94,534 shares of Class A Common Stock held by the Trust for Rissa Landman,
for which the Reporting Person is the trustee. As the trustee for the
trusts described in the preceding sentence, the Reporting Person has the
sole power to dispose of such additional 189,068 shares of Class A Common
Stock held by such trusts. After giving effect to the shares held by the
trusts, the Reporting Person would be deemed to beneficially own 729,244
shares of Class A Common Stock. The Reporting Person expressly disclaims
beneficial ownership of the 189,068 shares held in the trusts and the
reporting of such shares herein shall not be construed as an admission
that the Reporting Person is, for the purposes of Section 13(d) or 13(g)
of the Exchange Act, the beneficial owner of such securities.
9 The trustee of the Frederick R. Landman Irrevocable Trust (the
"Irrevocable Trust") is Patrick J. Costello, whose principal business
address is set forth in note 2 above. The principal lifetime beneficiary
of the Irrevocable Trust is Pier Landman, and the remainderman are Rissa
Landman and Chloe Landman. Each of Pier Landman, Rissa Landman and Chloe
Landman disclaims beneficial ownership of the 2,122,738 shares of Class A
Common Stock held in the Irrevocable Trust and this statement shall not be
construed as an admission that such persons are, for the purposes of
Section 13(d) or 13(g) of the Exchange Act, the beneficial owners of such
securities.
