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Iridium Communications Inc. — Director's Dealing 2016
Jan 8, 2016
31757_dirs_2016-01-08_3e9a8b91-32b7-4040-aedc-aab9d0a9c472.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: 2016-01-06
Reporting Person: Canfield Thomas C (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-01-06 | Common Stock | A | 10856.4 | $0.00 | Acquired | 180191.8 | Direct |
| 2015-01-06 | Common Stock | A | 6031.4 | $8.29 | Acquired | 186223.2 | Direct |
Footnotes
F1: This security represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer.
F2: The shares underlying this restricted stock unit award vest in four equal quarterly installments on the last day of each calendar quarter during 2016, subject to the reporting person's continued service with the issuer.
F3: The restricted stock units were issued to the reporting person pursuant to the issuer's director compensation plan.
F4: The restricted stock units were issued to the reporting person pursuant to the issuer's director compensation plan in lieu of annual cash retainer fees of $50,000.