WEST BARRY 4
4 · Iridium Communications Inc. · Filed Feb 24, 2023
Insider Transaction Report
Form 4
WEST BARRY
Director
Transactions
- Exercise/Conversion
Common Stock
2023-02-22$8.49/sh+19,736$167,559→ 67,918.7 total - Sale
Common Stock
2023-02-22$62.88/sh−10,900$685,392→ 57,018.7 total - Exercise/Conversion
Stock Option (Right to Buy)
2023-02-22−19,736→ 0 totalExercise: $8.49Exp: 2024-07-02→ Common Stock (19,736 underlying)
Footnotes (3)
- [F1]These sales were for the sole purpose of paying the exercise price of the option reported on Table II of this form and the associated tax withholding obligations.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.66 to $63.13, 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]Fully vested and immediately exercisable. These options vested as to 6,578 shares on July 2, 2014, 6,578 shares on September 30, 2014, and 6,580 shares on December 31, 2014.