0001209191-21-017133.txt : 20210303 0001209191-21-017133.hdr.sgml : 20210303 20210303174649 ACCESSION NUMBER: 0001209191-21-017133 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210301 FILED AS OF DATE: 20210303 DATE AS OF CHANGE: 20210303 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kapalka Timothy CENTRAL INDEX KEY: 0001715998 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33963 FILM NUMBER: 21710868 MAIL ADDRESS: STREET 1: C/O IRIDIUM COMMUNICATIONS INC. STREET 2: 1750 TYSONS BOULEVARD 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 2021-03-01 0 0001418819 Iridium Communications Inc. IRDM 0001715998 Kapalka Timothy C/O IRIDIUM COMMUNICATIONS INC. 1750 TYSONS BOULEVARD, SUITE 1400 MCLEAN VA 22102 0 1 0 0 VP Iridium Satellite LLC Common Stock 2021-03-01 4 M 0 3125 11.25 A 26111 D Common Stock 2021-03-01 4 S 0 3125 39.26 D 22986 D Common Stock 2021-03-01 4 F 0 1371 41.91 D 21615 D Common Stock 2021-03-01 4 A 0 3937 0.00 A 25552 D Employee Stock Option (Right to Buy) 11.25 2021-03-01 4 M 0 3125 0.00 D 2027-09-01 Common Stock 3125 6250 D This exercise and corresponding sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 6, 2020, as amended on November 5, 2020. 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 unit award, 25% shall vest on March 1, 2022 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, 2025, subject to the reporting person's continuous service with the issuer as of each such vesting date. The shares underlying the portion of the option exercised and reported herein were vested and exercisable as of March 1, 2021. The remaining shares underlying the option vest in two equal quarterly installments beginning on June 1, 2021, so that all shares will be vested as of September 1, 2021, subject to the Reporting Person's continuous service with the Issuer as of each such vesting date. /s/Brian Leaf, Attorney-in-Fact 2021-03-03