Thoma Donald Lee 4
4 · Iridium Communications Inc. · Filed Mar 5, 2012
Insider Transaction Report
Form 4
Thoma Donald Lee
EVP, Iridium Satellite LLC
Transactions
- Award
Common Stock
2012-03-01+12,301→ 145,817 total - Award
Employee Stock Option (Right to Buy)
2012-03-01+27,761→ 27,761 totalExercise: $7.56Exp: 2022-03-01→ Common Stock (27,761 underlying)
Footnotes (2)
- [F1]These shares are represented by restricted stock units. The shares of Common Stock underlying this restricted stock unit award vest as to 25% on March 1, 2013 and quarterly thereafter in equal installments (rounded down to the nearest whole number) on June 1, September 1 and December 1 so that all shares of Common Stock shall be vested as of March 1, 2016.
- [F2]These options shall vest and become exercisable as to 25% of the shares of Common Stock underlying the option on March 1, 2013 and 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, 2016.