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Iridium Communications Inc. — Director's Dealing 2015
Jan 8, 2015
31757_dirs_2015-01-08_75a87d3b-2d73-4cb7-989f-9c740fe94673.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: 2015-01-06
Reporting Person: NIEHAUS ROBERT H (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-01-06 | Stock Option (Right to Buy) | $9.18 | A | 38355 | Acquired | 2025-01-06 | Common Stock (38355) | Direct |
Footnotes
F1: The shares underlying this option vest in four equal quarterly installments on the last day of each calendar quarter during 2015, subject to the reporting person's continued service with the issuer.
F2: This stock option was issued to the reporting person as compensation for services as a director pursuant to the issuer's director compensation plan in lieu of annual retainer fees in the amount of $90,000 and committee chair fees in the amount of $50,000.
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