Form 4 for IRDM Iridium Communications Inc.
Accepted 2024-03-18 00:00:00 ET · period of report 2024-03-15 · accession 0001415889-24-008276 · 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 | 2024-03-18 | 2024-03-15 | IRDM | DESCH MATTHEW J | CEO, Dir | M - OptEx | $9.45 | +149.3K | 1.03M | +17% | +$1.41M |
| D | 2024-03-18 | 2024-03-15 | IRDM | DESCH MATTHEW J | CEO, Dir | M - OptEx | $0.00 | -149.3K | 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 | 2024-03-15 | M | A | 149,253 | $9.45 | 1,025,868 | D | — | — | |
| 2 | Derivative | Employee Stock Option (Right to Buy) | 2024-03-15 | M | D | 149,253 | $0.00 | 0 | D | $9.45 · — to 2025-03-02 | 149,253 Common Stock | (F1) These options vested and became exercisable as to 25% of the shares of common stock underlying the option on March 1, 2016 and quarterly thereafter in equal installments on June 1, September 1 and December 1 such that all shares of common stock underlying the option vested and became exercisable on March 1, 2019. |