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
  1. 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.
  2. 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.
  3. 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.