Home > Insider Trading > Filing (0001209191-22-050340)

Filing Details

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
1312913	B A Krongard	C/O Iridium Communications Inc. 1750 Tysons Boulevard, Suite 1400 Mclean VA 22102		Yes	No	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	2022-08-19	115,000	$45.39	116,851	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	207,262	Indirect	By 2022 Alvin B. Krongard GRAT
Common Stock	160,983	Indirect	By Krongard Irrevocable Equity Trust dated June 30, 2009

Footnotes

The sale reported herein was a private sale by the reporting person to a trust established for the benefit of the reporting person's immediate family members. Neither the reporting person nor the reporting person's spouse are trustees of the trust or otherwise have investment control over the securities held by the trust. The reporting person has no pecuniary interest in the trust.
These shares were previously owned directly by the reporting person and were contributed to a grantor retained annuity trust (GRAT) on June 29, 2022. The reporting person is the trustee and sole annuitant of the GRAT.
These shares are held in a trust for the benefit of the reporting person's children. The reporting person's spouse is trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.