Iridium Communications Inc
For the period ended Mar 31, 2024. Filed Apr 18, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Apr 18, 2024
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Item 5. Other Information
Insider trading arrangements and policies
During our last fiscal quarter, our directors and officers (as defined in Rule 16a-1(f) under the Securities Exchange Act of 1934, as amended) adopted or terminated the contracts, instructions or written plans for the purchase or sale of our securities set forth in the table below. Each was adopted during an open trading window.
| Type of Trading Arrangement | ||||||
|---|---|---|---|---|---|---|
| Name and Position · Action · Adoption/Termination Date · Rule 10b5-1* · Non-Rule 10b5-1** · Total Shares of Common Stock to be Sold*** · Total Shares of Common Stock to be Purchased · Expiration Date | ||||||
| Thomas J. Fitzpatrick,Chief Financial Officer and Chief Administrative Officer | Adoption | March 15, 2024 | X | 49,570(1) | — | January 31, 2025(1) |
- Contract, instruction or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act.
** “Non-Rule 10b5-1 trading arrangement” as defined in Item 408(c ) of Regulation S-K under the Exchange Act.
*** Represents the maximum number of shares that may be sold pursuant to the 10b5-1 arrangement. The actual number of shares sold will be dependent on the satisfaction of certain conditions as set forth in the written plan.
(1) Represents shares that may be acquired upon exercise of a stock option that was granted on March 2, 2015 and which expires on March 2, 2025. No sales will be made under the trading plan prior to June 14, 2024.
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