Home > Insider Trading > Filing (0001209191-20-062012)

Filing Details

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
Common Stock	Acquisiton	2020-12-04	100,000	$7.41	193,243	No	4	M	Direct
Common Stock	Acquisiton	2020-12-04	17,778	$7.56	211,021	No	4	M	Direct
Common Stock	Disposition	2020-12-04	117,778	$34.25	93,243	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	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	2020-12-04	100,000	$0.00	100,000	$7.41
Common Stock	Employee Stock Option (Right to Buy)	Disposition	2020-12-04	17,778	$0.00	17,778	$7.56

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2022-09-01	No	4	M	Direct
0		2022-03-01	No	4	M	Direct

Footnotes

The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $34.00 to $34.44, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
This option is fully vested and exercisable. The option vested over a period of four years, with 25% of the shares underlying the option vesting on September 1, 2013, the first anniversary of the date of grant, and the remainder vested in 12 equal quarterly installments thereafter.
This option is fully vested and exercisable. The option vested over a period of four years, with 25% of the shares underlying the option vesting on March 1, 2013, the first anniversary of the date of grant, and the remainder vested in 12 equal quarterly installments thereafter.