X0303 4 2011-03-23 0 0001006269 LORAL SPACE & COMMUNICATIONS INC. LORL 0001223765 TARGOFF MICHAEL B 600 THIRD AVENUE NEW YORK NY 10016 1 1 0 0 Vice Chair, CEO and President Common Stock 2011-03-23 5 G 0 E 36911 0 D 511326 D Common Stock 2011-03-23 5 G 0 E 36911 0 A 36911 I By wife This transaction involved a gift of securities by the reporting person to his wife, who share's reporting person's household. The reporting person disclaims beneficial ownership of the shares held by his wife, and this report should not be deemed an admission that the reporting person is the beneficial owner of his wife's shares for purposes of Section 16 or for any other purpose. Michael B. Targoff 2011-03-24