Filing Details

Accession Number:
0001209191-21-048942
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-07-30 18:48:18
Reporting Period:
2021-07-28
Accepted Time:
2021-07-30 18:48:18
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
1767205 E. Suzanne Mcbride C/O Iridium Communications Inc.
1750 Tysons Boulevard, Suite 1400
Mclean VA 22102
Chief Operations 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 2021-07-28 32,553 $23.15 106,120 No 4 M Direct
Common Stock Disposition 2021-07-28 32,553 $40.89 73,567 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 2021-07-28 32,553 $0.00 32,553 $23.15
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
34,654 2029-03-01 No 4 M Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.74 to $41.00, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
  2. 25% of the shares underlying the option vested and became exercisable on March 1, 2020 and the remaining shares underlying the option vest and become exercisable quarterly thereafter in equal installments on June 1, September 1 and December 1 so that all shares of common stock underlying the option shall vest and become exercisable on March 1, 2023.