Thoma Donald Lee 4
4 · Iridium Communications Inc. · Filed Nov 20, 2012
Insider Transaction Report
Form 4
Thoma Donald Lee
EVP, Iridium Satellite LLC
Transactions
- Award
Employee Stock Option (Right to Buy)
2012-11-19+112,994→ 112,994 totalExercise: $8.28Exp: 2022-06-01→ Common Stock (112,994 underlying)
Footnotes (2)
- [F1]The option will vest and become exercisable as to 25% of the shares of common stock underlying the option on June 1, 2013 with the remainder vesting in twelve equal quarterly installments through June 1, 2014, subject to the reporting person's continued service with the issuer as of the applicable vesting date.
- [F2]On June 1, 2012, the reporting person was granted an option to purchase 112,994 shares of common stock of the issuer. The vesting of the option was subject to specified conditions, unrelated to the market price of the issuer's securities, that were not within the control of the reporting person. Those conditions were satisfied on November 19, 2012.