Filing Details
- Accession Number:
- 0001209191-18-059822
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-11-21 18:52:18
- Reporting Period:
- 2018-11-19
- Accepted Time:
- 2018-11-21 18:52:18
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1418819 | Iridium Communications Inc. | IRDM | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1178032 | J Matthew Desch | C/O Iridium Communications Inc. 1750 Tysons Boulevard, Suite 1400 Mclean VA 22102 | Chief Executive Officer | Yes | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2018-11-19 | 400,000 | $8.73 | 1,200,754 | No | 4 | M | Direct | |
Common Stock | Disposition | 2018-11-19 | 274,075 | $21.53 | 926,679 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2018-11-19 | 400,000 | $0.00 | 400,000 | $8.73 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2019-11-19 | No | 4 | M | Direct |
Footnotes
- These sales were for the sole purpose of paying the exercise price of the option reported on Table II of this form and the associated tax withholding obligations.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.00 to $21.83, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this form Form 4.
- Of the shares underlying this option, one-quarter vested on November 19, 2010, and the remainder vested in quarterly installments through November 19, 2013.