Filing Details
- Accession Number:
- 0001209191-20-045985
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-08-10 17:22:11
- Reporting Period:
- 2020-08-06
- Accepted Time:
- 2020-08-10 17:22:11
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1418819 | Iridium Communications Inc. | IRDM | Communications Equipment, Nec (3669) | 221344998 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1498910 | D Thomas Hickey | C/O Iridium Communications Inc. 1750 Tysons Boulevard, Suite 1400 Mclean VA 22102 | Chief Legal Officer, Secretary | No | 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 | 2020-08-06 | 25,999 | $6.08 | 170,470 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-08-06 | 25,999 | $29.31 | 144,471 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2020-08-07 | 39,738 | $6.08 | 184,209 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-08-07 | 39,738 | $29.65 | 144,471 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| 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 | 2020-08-06 | 25,999 | $0.00 | 25,999 | $6.08 |
| Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2020-08-07 | 39,738 | $0.00 | 39,738 | $6.08 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 39,738 | 2023-03-01 | No | 4 | M | Direct | |
| 0 | 2023-03-01 | No | 4 | M | Direct |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.30 to $29.365, 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 this footnote to this Form 4.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.24 to $30.00, 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 this footnote to this Form 4.
- 25% of the shares of Common Stock underlying the option vested on March 1, 2014 and then quarterly thereafter in equal installments on June 1, September 1 and December 1 so that all shares of Common Stock underlying the option vested and became exercisable on March 1, 2017.
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