Form 4 for IRDM Iridium Communications Inc.
Accepted 2022-11-08 00:00:00 ET · period of report 2022-11-07 · accession 0001209191-22-056142 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-11-08 | 2022-11-07 | IRDM | Kapalka Timothy | CAO Iridium Satellite LLC | S - Sale+OE | $52.50 | -6,250 | 19.9K | -24% | -$328.1K |
| D | 2022-11-08 | 2022-11-07 | IRDM | Kapalka Timothy | CAO Iridium Satellite LLC | M - OptEx | $11.25 | +6,250 | 26.1K | +31% | +$70.3K |
| D | 2022-11-08 | 2022-11-07 | IRDM | Kapalka Timothy | CAO Iridium Satellite LLC | M - OptEx | $0.00 | -6,250 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-11-07 | S | D | 6,250 | $52.50 | 19,896 | D | — | — | |
| 2 | Common | Common Stock | 2022-11-07 | M | A | 6,250 | $11.25 | 26,146 | D | — | — | |
| 3 | Derivative | Employee Stock Option (Right to Buy) | 2022-11-07 | M | D | 6,250 | $0.00 | 0 | D | $11.25 · — to 2027-09-01 | 6,250 Common Stock | (F2) The shares underlying the portion of the option exercised and reported herein vested and became exercisable in two equal quarterly installments on June 1, 2021 and September 1, 2021, such that all of the shares subject to the option were fully vested on September 1, 2021. |