0001209191-18-016831.txt : 20180305
0001209191-18-016831.hdr.sgml : 20180305
20180305181638
ACCESSION NUMBER: 0001209191-18-016831
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180301
FILED AS OF DATE: 20180305
DATE AS OF CHANGE: 20180305
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hartin Bryan J.
CENTRAL INDEX KEY: 0001565019
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33963
FILM NUMBER: 18667960
MAIL ADDRESS:
STREET 1: C/O IRIDIUM COMMUNICATIONS INC.
STREET 2: 1750 TYSONS BOULEVARD, SUITE 1400
CITY: MCLEAN
STATE: VA
ZIP: 22102
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Iridium Communications Inc.
CENTRAL INDEX KEY: 0001418819
STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669]
IRS NUMBER: 221344998
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1750 TYSONS BOULEVARD
STREET 2: SUITE 1400
CITY: MCLEAN
STATE: VA
ZIP: 22102
BUSINESS PHONE: 301-571-6200
MAIL ADDRESS:
STREET 1: 1750 TYSONS BOULEVARD
STREET 2: SUITE 1400
CITY: MCLEAN
STATE: VA
ZIP: 22102
FORMER COMPANY:
FORMER CONFORMED NAME: GHL Acquisition Corp.
DATE OF NAME CHANGE: 20071119
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2018-03-01
0
0001418819
Iridium Communications Inc.
IRDM
0001565019
Hartin Bryan J.
C/O IRIDIUM COMMUNICATIONS INC.
1750 TYSONS BOULEVARD, SUITE 1400
MCLEAN
VA
22102
0
1
0
0
EVP-Sales and Marketing
Common Stock
2018-03-01
4
F
0
3945
11.85
D
82976
D
Common Stock
2018-03-01
4
A
0
14032
0.00
A
97008
D
Common Stock
2018-03-01
4
F
0
2066
11.85
D
94942
D
Common Stock
2018-03-01
4
A
0
16455
0.00
A
111397
D
Common Stock
2018-03-04
4
A
0
18683
0.00
A
130080
D
Common Stock
2018-03-04
4
F
0
5623
11.50
D
124457
D
The transaction reported represents the withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations in connection with the non-reportable vesting and settlement of restricted stock units.
These 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 award, one-half vested on March 1, 2018 and the remainder will vest on March 1, 2019, subject to the reporting person's continuous service with the issuer as of the vesting date.
The transaction reported represents the withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations in connection with the vesting and settlement of the restricted stock unit award reported in footnote (2) herein.
These 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, 2019 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, 2022, subject to the reporting person's continuous service with the issuer as of each such vesting date.
Represents the vested portion of a performance-based restricted stock unit award based on the issuer's satisfaction of certain performance criteria. In light of the performance-based vesting conditions of the award, such award was not reportable under Section 16 until vesting was determined, which occurred on March 4, 2018.
The transaction reported represents the withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations in connection with the vesting and settlement of the restricted stock unit award reported in footnote (5) herein.
/s/Brian Leaf, Attorney-in-Fact
2018-03-05