Filing Details

Accession Number:
0001209191-20-055493
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-10-21 17:50:47
Reporting Period:
2020-10-20
Accepted Time:
2020-10-21 17:50:47
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 2020-10-20 92,069 $8.31 949,531 No 4 M Direct
Common Stock Disposition 2020-10-20 92,069 $30.00 857,462 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 92,069 $0.00 92,069 $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
  1. This exercise and subsequent sale were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 1, 2020.
  2. One-quarter of the shares underlying the option vested on February 21, 2012, and the remainder vested in quarterly installments through February 21, 2015.