Filing Details
- Accession Number:
- 0001209191-20-055494
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-10-21 17:52:08
- Reporting Period:
- 2020-10-20
- Accepted Time:
- 2020-10-21 17:52:08
- 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
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2020-10-20 | 20,507 | $8.31 | 115,172 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-10-20 | 20,507 | $30.00 | 94,665 | 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 | 2020-10-20 | 20,507 | $0.00 | 20,507 | $8.31 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 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.
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