Key facts
- This page summarizes Thomas Fitzpatrick's Form 4 filing for Iridium Communications Inc. (IRDM).
- 7 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 14 Jan 2025, 17:00.
Thomas Fitzpatrick - 10 Jan 2025 Form 4 Insider Report for Iridium Communications Inc. (IRDM)
- Reporting relationship
- Director
- Issuer ticker
- IRDM
- Reported as of
- 10 Jan 2025
- Net transaction value
- +$111,812
- SEC form
- 4
- Accepted by SEC
- 14 Jan 2025, 17:00:09 UTC
- Prior SEC filing
- 08 Jan 2025
- Next SEC filing
- 04 Mar 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Brian F. Leaf, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Thomas Fitzpatrick filed Form 4 for Iridium Communications Inc. (IRDM) on 14 Jan 2025.
Change
- Previous filing in this sequence was filed on 08 Jan 2025.
- Current net transaction value: +$111,812.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
IRDM
transaction
Common Stock
Options Exercise
- Transaction value
- $118,125
- Shares
- +12,500
- Change %
- +5.2%
- Price
- $9.45
- Shares after
- 253,530
- Date
- 10 Jan 2025
- Ownership
- Direct
- Footnotes
- F1
IRDM
transaction
Common Stock
Sale
- Transaction value
- $356,625
- Shares
- -12,500
- Change %
- -4.9%
- Price
- $28.53
- Shares after
- 241,030
- Date
- 10 Jan 2025
- Ownership
- Direct
- Footnotes
- F1, F2
IRDM
transaction
Common Stock
Options Exercise
- Transaction value
- $328,388
- Shares
- +34,750
- Change %
- +14%
- Price
- $9.45
- Shares after
- 275,780
- Date
- 13 Jan 2025
- Ownership
- Direct
IRDM
transaction
Common Stock
Options Exercise
- Transaction value
- $21,924
- Shares
- +2,320
- Change %
- +0.84%
- Price
- $9.45
- Shares after
- 278,100
- Date
- 14 Jan 2025
- Ownership
- Direct
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
- -12,500
- Change %
- -25%
- Price
- $0.000000
- Shares after
- 37,070
- Date
- 10 Jan 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 12,500
- Exercise price
- $9.45
- Footnotes
- F1, F3
IRDM
transaction
Derivative
Employee Stock Option (Right to Buy)
Options Exercise
- Transaction value
- $0
- Shares
- -34,750
- Change %
- -94%
- Price
- $0.000000
- Shares after
- 2,320
- Date
- 13 Jan 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 34,750
- Exercise price
- $9.45
- Footnotes
- F3
IRDM
transaction
Derivative
Employee Stock Option (Right to Buy)
Options Exercise
- Transaction value
- $0
- Shares
- -2,320
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 14 Jan 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 2,320
- Exercise price
- $9.45
- Footnotes
- F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 3 footnotes
Footnote F1
The reported transactions were made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 15, 2024, as amended.
Footnote F2
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.37 to $28.71, 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 F3
Fully vested and immediately exercisable. These options vested as to 25% of the total option on March 1, 2016 and then quarterly thereafter in equal installments on each June 1, September 1 and December 1 such that all shares underlying the option fully vested on March 1, 2019.