-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, HAQbPQ50pXvbjY3vSXBHQMcYNQZ9FksaM1f2V886D34tzooed7XXf6iPmIQKVmO1 dgYt6tnz6U3KQZWF1Gc/kw== 0001214659-07-000061.txt : 20070119 0001214659-07-000061.hdr.sgml : 20070119 20070119103730 ACCESSION NUMBER: 0001214659-07-000061 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070115 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070119 DATE AS OF CHANGE: 20070119 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MOTIENT CORP CENTRAL INDEX KEY: 0000913665 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899] IRS NUMBER: 930976127 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-23044 FILM NUMBER: 07539696 BUSINESS ADDRESS: STREET 1: 12010 SUNSET HILLS ROAD, STREET 2: 6TH FLOOR CITY: RESTON STATE: VA ZIP: 20190 BUSINESS PHONE: 703-483-7806 MAIL ADDRESS: STREET 1: 12010 SUNSET HILLS ROAD, STREET 2: 6TH FLOOR CITY: RESTON STATE: VA ZIP: 20190 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN MOBILE SATELLITE CORP DATE OF NAME CHANGE: 19931019 8-K 1 f118728k.htm
 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

 

Washington, D.C. 20549

 

                                   

 

FORM 8-K

 

CURRENT REPORT Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest reported event):  January 15, 2007

 

 

MOTIENT CORPORATION

(Exact Name of Registrant as Specified in Charter)

  Delaware   0-23044   93-0976127
(State or Other Jurisdiction of Incorporation)   (Commission
File Number) 		  (IRS Employer
Identification No.)

300 Knightsbridge Pkwy.
Lincolnshire, IL		   60069
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s telephone number, including area code:  (847) 478-4200

 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registration under any of the following provisions (see General Instruction A.2. below):

 

  o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR   240.13e-4(c))
 

Item 5.02.      Departure of Directors or Principal Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.

(b)         On January 15, 2007, David Grain, a director of Motient Corporation since 2006, notified Motient that he intended to resign from the Board of Directors effective January 19, 2007. Mr. Grain served on the Compensation Committee and the Nominating Committee of Motient’s Board of Directors. Mr. Grain confirmed to the company that his resignation is not as a result of any disagreement between Mr. Grain and the company relating to the company’s policies, operations or practices. Mr. Grain will serve on a Board of Advisors that is being established to focus on the international expansion strategy for Motient’s majority-owned subsidiary, TerreStar Global Ltd.

Item 7.01 – Regulation FD Disclosure.

On January 19, 2007 Motient issued a press release, a copy of which is attached hereto as Exhibit 99.1. This item is furnished, not filed, pursuant to Regulation FD.

Item 9.01 – Financial Statements and Exhibits.

(d) Exhibits
   
99.1 Press Release of Motient Corporation dated January 19, 2007.

 

 

 

 

-2-

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

MOTIENT CORPORATION 
 
 
 
By: /s/ Jeffrey Epstein
            Jeffrey Epstein 
             General Counsel and Secretary

Date: January 19, 2007

 

 

 EX-99.1 2 ex99_1.htm PRESS RELEASE DATED JANUARY 19, 2007

Exhibit 99.1

Media Contact:
Julie Cram
Motient Corporation/TerreStar Networks
703.483.7824
julie.cram@terrestar.com

Motient Board Member Transitions to Subsidiary
TerreStar Global to Focus on Expansion Strategy

Lincolnshire, IL, January 19, 2007 – Motient Corporation (MNCP) today announced that David Grain has resigned from its Board of Directors, effective January 19, 2007, to focus on the international expansion strategy for Motient’s majority-owned subsidiary, TerreStar Global Ltd. He will serve on a Board of Advisors that is being established for TerreStar Global. Mr. Grain served on Motient’s Compensation Committee and Nominating Committees of the Board of Directors.

“David brought great telecommunications experience and objectivity to the Motient Board of Directors,” said Robert H. Brumley, President & CEO of Motient Corporation and its subsidiary TerreStar Global. “We’re pleased he will stay in the family and continue to provide sound leadership as we bring TerreStar’s unique communications capabilities to the global marketplace.”

About Motient Corporation

Motient is the controlling shareholder of TerreStar Networks Inc. and TerreStar Global Ltd., and a shareholder of SkyTerra Communications and Mobile Satellite Ventures LP. For additional information about Motient, please visit the company's website at www.motient.com.

Statement under the Private Securities Litigation Reform Act

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to the strategy of Motient, its plans, and the transactions described in this press release. Such statements generally include words such as could, can, anticipate, believe, expect, seek, pursue, proposed, potential and similar words and terms in connection with future results. We assume no obligation to update or supplement such forward-looking statements.

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