SEC Form 4/A · accession 0001209191-19-017454
Iridium Communications Inc. · IRDM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Scott Scheimreif
Officer — EVP-Government Programs
Period of report
Mar 1, 2019
Accepted (ET)
Mar 6, 2019 · 5:30 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 | Mar 1, 2019 | A | 10,799 | $0.00 | A | 135,001 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares are represented by restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer. Of the shares underlying this restricted stock unit award, 25% shall vest on March 1, 2020 and the remainder shall vest in equal quarterly installments thereafter on each June 1, September 1, December 1 and March 1, so that all shares of common stock shall be vested as of March 1, 2023, subject to the reporting person's continuous service with the issuer as of each such vesting date.
Remarks
This Form 4 is being filed to amend the Form 4 filed by the reporting person with the Securities and Exchange Commission on March 5, 2019 to correctly report the total number of shares underlying the restricted stock award originally reported on line 5 of such filing from 9,179 shares to 10,799 shares and to update the total number of securities beneficially owned following all reported transactions on line 7 of such filing from 133,381 shares to 135,001 shares.