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
  1. This exercise and subsequent sales were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on October 29, 2020.
  2. 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.