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Home > Insider Trading > Filing (0001209191-20-046389)

Filing Details

Accession Number:: 0001209191-20-046389
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-08-12 17:00:11
Reporting Period:: 2020-08-10

Accepted Time:: 2020-08-12 17:00:11
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
1564963	Scott Scheimreif	C/O Iridium Communications Inc. 1750 Tysons Boulevard, Suite 1400 Mclean VA 22102	Evp-Government Programs	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2020-08-10	281	$8.31	96,369	No	4	M	Direct
Common Stock	Disposition	2020-08-10	281	$30.00	96,088	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

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (Right to Buy)	Disposition	2020-08-10	281	$0.00	281	$8.31

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
20,507		2021-02-21	No	4	M	Direct

Footnotes

This exercise and subsequent sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 14, 2020.
The option vested over a period of four years, with 25% of the shares underlying the option vesting on February 21, 2012, the first anniversary of the date of grant, and the remainder vested in 12 equal quarterly installments thereafter.