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Iridium Communications Inc. — Director's Dealing 2012
Mar 5, 2012
31757_dirs_2012-03-05_2ca20d42-974d-4bb3-944f-65c4db55828c.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: 2012-03-01
Reporting Person: DESCH MATTHEW J (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-03-01 | Common Stock | A | 37103 | $0.00 | Acquired | 273596 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-03-01 | Employee Stock Option (Right to Buy) | $7.56 | A | 83731 | Acquired | 2022-03-01 | Common Stock (83731) | Direct |
Footnotes
F1: These shares are represented by restricted stock units. The shares of Common Stock underlying this restricted stock unit award vest as to 25% on March 1, 2013 and quarterly thereafter in equal installments (rounded down to the nearest whole number) on June 1, September 1 and December 1 so that all shares of Common Stock shall be vested as of March 1, 2016.
F2: These options shall vest and become exercisable as to 25% of the shares of Common Stock underlying the option on March 1, 2013 and 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, 2016.