Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-20-046389
Date:2020-08-10
Issuer: IRIDIUM COMMUNICATIONS INC. (IRDM)
Original Submission Date:

Reporting Person:

SCHEIMREIF SCOTT
C/O IRIDIUM COMMUNICATIONS INC.
1750 TYSONS BOULEVARD, SUITE 1400 MCLEAN, VA 22102

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2020-08-10 M 281 a $8.31 96,369 direct
COMMON STOCK 2020-08-10 S 281 d $30.00 96,088 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
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 ExercisableExpiration 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 2020-08-10 deemed execution date M 281 (d) 2021-02-21 common stock 281 $8.31 20,507 direct
Footnotes
IDfootnote
f1 this exercise and subsequent sale was effected pursuant to a rule 10b5-1 trading plan adopted by the reporting person on may 14, 2020.
f2 the option vested over a period of four years, with 25% of the shares underlying the option vesting on february 21, 2012, the first anniversary of the date of grant, and the remainder vested in 12 equal quarterly installments thereafter.
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