Filing Details

Accession Number:
0001209191-21-012319
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-02-19 16:05:06
Reporting Period:
2021-02-17
Accepted Time:
2021-02-19 16:05:06
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
1229996 Thomas Fitzpatrick C/O Iridium Communications Inc.
1750 Tysons Boulevard, Suite 1400
Mclean VA 22102
Chief Financial 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 Disposition 2021-02-17 25,395 $47.79 138,113 No 4 S Direct
Common Stock Disposition 2021-02-17 45,195 $48.44 92,918 No 4 S Direct
Common Stock Disposition 2021-02-17 600 $49.22 92,318 No 4 S Direct
Common Stock Acquisiton 2021-02-18 79,681 $6.08 171,999 No 4 M Direct
Common Stock Acquisiton 2021-02-18 90,909 $6.25 262,908 No 4 M Direct
Common Stock Disposition 2021-02-18 60,001 $46.59 202,907 No 4 S Direct
Common Stock Disposition 2021-02-18 110,589 $47.26 92,318 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 M Direct
No 4 S 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 2021-02-18 79,681 $0.00 79,681 $6.08
Common Stock Employee Stock Option (Right to Buy) Disposition 2021-02-18 90,909 $0.00 90,909 $6.25
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2023-03-01 No 4 M Direct
0 2024-01-01 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 $47.15 to $48.14, 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. The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $48.15 to $49.14, 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.
  3. The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $49.16 to $49.25, 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.
  4. The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $45.99 to $46.97, 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.
  5. The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $46.99 to $47.38, 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.
  6. 25% of the shares of common stock underlying the option vested and became exercisable on March 1, 2014 and quarterly thereafter in equal installments on June 1, September 1 and December 1, so that all shares of common stock underlying the option fully vested and became exercisable on March 1, 2017.
  7. 25% of the shares of common stock underlying the option vested and became exercisable on January 1, 2015 and quarterly thereafter in equal installments on April 1, July 1 and October 1, so that all shares of common stock underlying the option vested and became exercisable on January 1, 2018.