Hickey Thomas D 4
4 · Iridium Communications Inc. · Filed Aug 10, 2020
Insider Transaction Report
Form 4
Hickey Thomas D
Chief Legal Officer, Secretary
Transactions
- Exercise/Conversion
Common Stock
2020-08-06$6.08/sh+25,999$158,074→ 170,470 total - Exercise/Conversion
Common Stock
2020-08-07$6.08/sh+39,738$241,607→ 184,209 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2020-08-07−39,738→ 0 totalExercise: $6.08Exp: 2023-03-01→ Common Stock (39,738 underlying) - Sale
Common Stock
2020-08-07$29.65/sh−39,738$1,178,232→ 144,471 total - Sale
Common Stock
2020-08-06$29.31/sh−25,999$762,031→ 144,471 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2020-08-06−25,999→ 39,738 totalExercise: $6.08Exp: 2023-03-01→ Common Stock (25,999 underlying)
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.30 to $29.365, 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.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.24 to $30.00, 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.
- [F3]25% of the shares of Common Stock underlying the option vested on March 1, 2014 and then quarterly thereafter in equal installments on June 1, September 1 and December 1 so that all shares of Common Stock underlying the option vested and became exercisable on March 1, 2017.