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Iridium Communications Inc. — Director's Dealing 2017
Sep 6, 2017
31757_dirs_2017-09-06_8b263fab-b658-4c1a-bb67-e6e49e0145cf.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: 2017-09-01
Reporting Person: Kapalka Timothy (VP Iridium Satellite LLC)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-09-01 | Employee Stock Option (Right to Buy) | $11.25 | A | 50000 | Acquired | 2027-09-01 | Common Stock (50000) | Direct |
Footnotes
F1: 25% of the shares underlying the option shall vest on September 1, 2018 and the remainder shall vest in equal quarterly installments thereafter on each December 1, March 1, June 1 and September 1, so that all shares of common stock shall be vested as of September 1, 2021, subject to the reporting person's continuous service with the issuer as of each such vesting date.
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