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Home > Insider Trading > Filing (0001209191-20-044000)

Filing Details

Accession Number:: 0001209191-20-044000
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-07-29 20:22:34
Reporting Period:: 2020-07-28

Accepted Time:: 2020-07-29 20:22:34
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

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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	2020-07-28	200,000	$8.31	1,061,846	No	4	M	Direct
Common Stock	Disposition	2020-07-28	100,000	$28.00	961,846	No	4	S	Direct
Common Stock	Disposition	2020-07-28	100,000	$29.00	861,846	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	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	2020-07-28	200,000	$0.00	200,000	$8.31

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
100,000		2021-02-21	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 May 1, 2020.
One-quarter of the shares underlying the option vested on February 21, 2012, and the remainder vested in quarterly installments through February 21, 2015.