Filing Details
- Accession Number:
- 0001209191-20-062012
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-12-07 18:50:31
- Reporting Period:
- 2020-12-04
- Accepted Time:
- 2020-12-07 18:50:31
- 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 | 2020-12-04 | 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 | Explanation |
|---|---|---|---|---|
| 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.
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