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Iridium Communications Inc. — Director's Dealing 2019
Nov 4, 2019
31757_dirs_2019-11-04_4797dfc8-65e2-4a3e-9e71-23c391244979.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: 2019-11-01
Reporting Person: Krongard A B (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-11-01 | Common Stock | M | 29536 | $7.79 | Acquired | 205403.4 | Direct |
| 2019-11-01 | Common Stock | S | 9520 | $24.63 | Disposed | 195883.4 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-11-01 | Employee Stock Option (Right to Buy) | $7.79 | M | 29536 | Disposed | 2020-01-06 | Common Stock (29536) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 160983 | Indirect |
Footnotes
F1: Price reflected is the weighted-average sales price for shares sold. The range of the sales prices for the transaction reported was $24.50 to $24.73 per share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F2: These shares are held in a trust for the benefit of the reporting person's children. The reporting person's spouse is trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F3: Immediately exercisable.