Accession Number: | 0001209191-18-058562 |
Date: | 2018-11-12 |
Issuer: | IRIDIUM COMMUNICATIONS INC. (IRDM) |
Original Submission Date: |
SMITH S. SCOTT
C/O IRIDIUM COMMUNICATIONS INC.
1750 TYSONS BOULEVARD, SUITE 1400
MCLEAN, VA 22102
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2018-11-12 | M | 3,500 | a | $8.31 | 221,034 | direct | ||
COMMON STOCK | 2018-11-12 | S | 3,500 | d | $20.45 | 217,534 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 8.31 | 2018-11-12 | deemed execution date | M | 3,500 (d) | 2021-02-21 | common stock 3,500 | $8.31 | 55,000 | direct |
ID | footnote |
---|---|
f1 | these exercises and sales were effected pursuant to a rule 10b5-1 trading plan adopted by the reporting person on august 8, 2018. |
f2 | the price reported is a weighted average sales price. the shares were sold in multiple transactions at prices ranging from $20.31 to $20.62, inclusive. the reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the securities exchange commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
f3 | immediately exercisable. |