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Iridium Communications Inc. — Director's Dealing 2011
Jan 7, 2011
31757_dirs_2011-01-07_bb81d875-738d-4696-8815-89bded1b3a2e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Iridium Communications Inc. (IRDM)
CIK: 0001418819
Period of Report: 2011-01-05
Reporting Person: Krongard A B (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-01-05 | Employee Stock Option (right to buy) | $8.32 | A | 24518 | Acquired | 2021-01-05 | Common Stock (24518) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 125188 | Direct |
| Common Stock | 115233 | Indirect |
Footnotes
F1: 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.
F2: These options were awarded as compensation for services as director. The options vest in four equal quarterly installments on the last day of each calendar quarter during 2011.