Key facts
- This page summarizes Baralonco Ltd's Form 4 filing for Iridium Communications Inc. (IRDM).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 25 Aug 2021, 20:48.
Baralonco Ltd - 24 Aug 2021 Form 4 Insider Report for Iridium Communications Inc. (IRDM)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- IRDM
- Reported as of
- 24 Aug 2021
- Net transaction value
- $0
- Reporting owner signature
- /s/ Larry G. Franceski, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Baralonco Ltd filed Form 4 for Iridium Communications Inc. (IRDM) on 25 Aug 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
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
Sale
- Transaction value
- Shares
- -500,000
- Change %
- -3.7%
- Price
- Shares after
- 13,099,230
- Date
- 24 Aug 2021
- Ownership
- Direct
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Baralonco Ltd is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote F1
On August 24, 2021, Baralonco Limited sold 500,000 shares of common stock of the issuer in a single block trade pursuant to Rule 144 under the Securities Act of 1933, as amended, at a price of $38.00 per share.
Footnote F2
This Form 4 is a joint filing with the former sole owner of Baralonco Limited, Khalid bin Abdullah bin Abdulrahman ("K. Abdullah"), at the same business address. K. Abdullah, who was the sole owner of Baralonco Limited, passed away on January 12, 2021, and his interest in Baralonco Limited is now held by his estate, which is currently in probate (or the equivalent proceedings under applicable local law) in Saudi Arabia. The estate is the indirect owner of the same shares as to which Baralonco Limited is the direct owner. On February 10, 2021, Fahd bin Khalid bin Abdullah bin Abdulrahman ("F. Khalid Abdullah") was appointed as the legal representative to the decedent's estate in probate. Pursuant to SEC rules, F. Khalid Abdullah, as the legal representative of the decedent's estate, may be deemed to be a 10% owner.
Footnote F3
(continued from footnote 2) F. Khalid Abdullah disclaims beneficial ownership of the securities held directly by Baralonco Limited except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 of for any other purpose.