AI assistant
Iridium Communications Inc. — Director's Dealing 2015
Mar 3, 2015
31757_dirs_2015-03-03_d0c21f95-7250-49c0-8a00-7cde9a457ffe.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Iridium Communications Inc. (IRDM)
CIK: 0001418819
Period of Report: 2015-03-01
Reporting Person: Hickey Thomas D (Chief Legal Officer, Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-03-01 | Common Stock | F | 319 | $9.58 | Disposed | 8700 | Direct |
| 2015-03-02 | Common Stock | A | 18562 | $0.00 | Acquired | 27262 | Direct |
| 2015-03-02 | Common Stock | F | 3670 | $9.45 | Disposed | 23592 | Direct |
Footnotes
F1: The transaction reported represents the withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations in connection with the non-reportable vesting and settlement of restricted stock units.
F2: These shares are represented by restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer. Of the shares underlying this restricted stock award, one-half vested on March 2, 2015 and the remainder will vest on March 1, 2016, subject to the reporting person's continuous service with the issuer as of the vesting date.
F3: The transaction reported represents the withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations in connection with the vesting and settlement of restricted stock units.