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Iridium Communications Inc. — Director's Dealing 2012
Oct 5, 2012
31757_dirs_2012-10-05_e1ed61c1-e73f-4f4f-8985-3aa62f81b579.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: 2012-10-03
Reporting Person: Baralonco Ltd (10% Owner)
Reporting Person: bin Abdullah bin Abdulrahman Khalid (10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-10-03 | 7.00% Series A Cumulative Perpetual Convertible Preferred St | $9.43 | P | 50000 | Acquired | Common Stock (530110) | Direct |
Footnotes
F1: Initial conversion rate of 10.6022 shares of Common Stock per $100 liquidation preference, which is equivalent to an initial conversion price of $9.43 (subject to adjustment in certain events).
F2: There is no expiration date.
F3: This Form 4 is a joint filing with the sole owner of Baralonco Limited, Khalid bin Abdullah bin Abdulrahman, at the same business address. The joint filer is the Indirect Owner of the same shares as to which Baralonco Limited is the Direct Owner.