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Iridium Communications Inc. — Director's Dealing 2019
Nov 6, 2019
31757_dirs_2019-11-06_88ce42ec-0ddf-4ed8-a5a3-a97b2d844d9d.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: 2019-11-04
Reporting Person: Hartin Bryan J. (EVP-Sales and Marketing)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-11-04 | Common Stock | M | 60000 | $6.72 | Acquired | 146733 | Direct |
| 2019-11-04 | Common Stock | M | 52816 | $6.52 | Acquired | 199549 | Direct |
| 2019-11-04 | Common Stock | S | 112816 | $25.37 | Disposed | 86733 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-11-04 | Employee Stock Option (Right to Buy) | $6.72 | M | 60000 | Disposed | 2023-01-01 | Common Stock (60000) | Direct |
| 2019-11-04 | Employee Stock Option (Right to Buy) | $6.52 | M | 52816 | Disposed | 2024-03-01 | Common Stock (52816) | Direct |
Footnotes
F1: Price reflected is the weighted-average sale price for shares sold. The range of sale prices for the transactions reported was $25.23 to $25.52 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: Immediately exercisable.
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