Filing Details
- Accession Number:
- 0001209191-20-062727
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-12-10 16:49:39
- Reporting Period:
- 2020-12-09
- Accepted Time:
- 2020-12-10 16:49:39
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1418819 | Iridium Communications Inc. | IRDM | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1178032 | J Matthew Desch | C/O Iridium Communications Inc. 1750 Tysons Boulevard, Suite 1400 Mclean VA 22102 | Chief Executive Officer | Yes | 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 | 2020-12-09 | 65,133 | $7.56 | 807,916 | No | 4 | M | Direct | |
Common Stock | Disposition | 2020-12-09 | 65,133 | $34.90 | 742,783 | No | 4 | S | Direct | |
Common Stock | Disposition | 2020-12-09 | 14,330 | $0.00 | 728,453 | No | 5 | G | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 5 | G | 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 | 2020-12-09 | 65,133 | $0.00 | 65,133 | $7.56 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2022-03-01 | No | 4 | M | Direct |
Footnotes
- This exercise and subsequent sales were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on October 29, 2020.
- This option is fully vested and exercisable. The option vested and became exercisable as to 25% of the shares of Common Stock underlying the option on March 1, 2013 and 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, 2016.