SEC Form 4 · accession 0001209191-16-155923
Iridium Communications Inc. · IRDM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
A B Krongard
Director
Period of report
Dec 16, 2016
Accepted (ET)
Dec 19, 2016 · 4:35 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 | Dec 16, 2016 | P | 50,000 | $9.95 | A | 105,812 | D | |
| Common StockF2 | holding | — | — | — | 115,233 | I | By Krongard Irrevocable Equity Trust dated June 30, 2009 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Price reflected is the weighted-average purchase price for shares purchased. The range of purchase prices for the transactions reported was $9.875 to $9.95 per share, inclusive. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
- F2These shares are held in a trust for the benefit of the reporting person's children. The reporting person's spouse is trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.