SEC Form 4 · accession 0001209191-16-090528
Iridium Communications Inc. · IRDM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas C Canfield
Director
Period of report
Jan 6, 2016
Accepted (ET)
Jan 8, 2016 · 4:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001418819
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Jan 6, 2015 | A | 10,856 | $0.00 | A | 180,192 | D | |
| Common StockF1,F2,F4 | Jan 6, 2015 | A | 6,031 | $8.29 | A | 186,223 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This security represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer.
- F2The shares underlying this restricted stock unit award vest in four equal quarterly installments on the last day of each calendar quarter during 2016, subject to the reporting person's continued service with the issuer.
- F3The restricted stock units were issued to the reporting person pursuant to the issuer's director compensation plan.
- F4The restricted stock units were issued to the reporting person pursuant to the issuer's director compensation plan in lieu of annual cash retainer fees of $50,000.