Suzanne E. McBride - 15 Aug 2022 Form 4 Insider Report for Iridium Communications Inc. (IRDM)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
16 Aug 2022, 16:41:55 UTC
Prior SEC filing
02 Jun 2022
Next SEC filing
06 Sep 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Brian Leaf, Attorney-in-Fact

Key filing fact

Suzanne E. McBride filed Form 4 for Iridium Communications Inc. (IRDM) on 16 Aug 2022.

Key facts

  • This page summarizes Suzanne E. McBride's Form 4 filing for Iridium Communications Inc. (IRDM).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 16 Aug 2022, 16:41.

Change

  • Previous filing in this sequence was filed on 02 Jun 2022.
  • Current net transaction value: -$176,475.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

IRDM transaction

Common Stock

Options Exercise

Transaction value
$173,625
Shares
+7,500
Change %
+6.8%
Price
$23.15
Shares after
118,053
Date
15 Aug 2022
Ownership
Direct
IRDM transaction

Common Stock

Sale

Transaction value
$350,100
Shares
-7,500
Change %
-6.4%
Price
$46.68
Shares after
110,553
Date
15 Aug 2022
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

IRDM transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-7,500
Change %
-22%
Price
$0.000000
Shares after
27,154
Date
15 Aug 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
7,500
Exercise price
$23.15
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.436 to $46.96, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

Footnote F2

25% of the shares underlying the option vested and became exercisable on March 1, 2020, and the remaining shares underlying the option vest and become exercisable quarterly thereafter in equal installments on June 1, September 1 and December 1 so that all shares of common stock underlying the option shall vest and become exercisable on March 1, 2023.

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