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Iridium Communications Inc. — Director's Dealing 2019
Jan 8, 2019
31757_dirs_2019-01-08_1216dfad-96e3-40ed-901b-86b10216e50b.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: 2019-01-04
Reporting Person: NIEHAUS ROBERT H (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-01-04 | Common Stock | A | 6510.4 | $0.00 | Acquired | 571052.8 | Direct |
| 2019-01-04 | Common Stock | A | 2994.7 | $19.20 | Acquired | 574047.5 | 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 on January 4, 2020, 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 (i) board chair fees in the amount of $50,000, and (ii) committee member fees in the amount of $7,500.