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Iridium World Communications Ltd, et al. · S-8 · On 9/14/98

Filed On 9/14/98 · SEC Files 333-63337, -01 · Accession Number 950133-98-3288

  As Of               Filer                 Filing     On/For/As Docs:Pgs              Issuer               Agent

 9/14/98  Iridium World Communications Ltd  S-8         9/14/98    4:22                                     950133
          Iridium LLC

Registration of Securities to be Offered to Employees Pursuant to an Employee Benefit Plan · Form S-8
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-8         Registration of Securities to be Offered to            8     42K 
                          Employees Pursuant to an Employee                      
                          Benefit Plan                                           
 2: EX-5.1      Opinion of Conyers Dill & Pearman                      2     10K 
 3: EX-23.1     Consent of Kpmg Peat Marwick Llp                       1      5K 
 4: EX-99.1     Amended & Restated Iridium Llc Option Plan            11     43K

S-8 · Registration of Securities to be Offered to Employees Pursuant to an Employee Benefit Plan
Document Table of Contents

Page	(sequential)	\|	(alphabetic)	Top
			Alternative Formats (RTF, XML, et al.) Exhibits Incorporation of Certain Documents by Reference Interests of Named Experts and Counsel Iridium Option Plan
1	1st Page
"	Iridium Option Plan
2	Item 3. Incorporation of Certain Documents by Reference
3	Item 5. Interests of Named Experts and Counsel
"	Item 8. Exhibits

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AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON SEPTEMBER 14, 1998
                                                       REGISTRATION NO. 333-____
--------------------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 ---------------------------

FORM S-8
REGISTRATION STATEMENT
 UNDER THE
SECURITIES ACT OF 1933

 ---------------------------

 IRIDIUM WORLD COMMUNICATIONS LTD.
(Exact name of registrant as specified in its charter)

                                                                · Download Table
                                                                               
             BERMUDA                                            52-2025291     
   (State or other jurisdiction                              (I.R.S. Employer  
 of incorporation or organization)                          Identification No.)

        CLARENDON HOUSE                                            HM11        
        2 CHURCH STREET                                         (Zip Code)     
        HAMILTON BERMUDA                                                       
(Address of Principal Executive                                                
            Offices)                                                           

 ---------------
 IRIDIUM LLC
(Exact name of registrant as specified in its charter)

                                                                · Download Table
                                                                               
           DELAWARE                                             52-1984342     
 (State or other jurisdiction                                (I.R.S. Employer  
of incorporation or organization)                           Identification No.)

     1575 EYE STREET, N.W.                                        20005        
        WASHINGTON, DC                                          (Zip Code)     
(Address of Principal Executive                                                
           Offices)                                                            

 IRIDIUM OPTION PLAN
(Full title of the plan)

 ---------------------------

F. THOMAS TUTTLE, ESQ.
 IRIDIUM LLC
 IRIDIUM WORLD COMMUNICATIONS LTD.
 1575 EYE STREET, N.W.
WASHINGTON, DC 20005
 (Name and address of agent for service)

(202) 408-3800
 (Telephone number, including area code, of agent for service)
 ---------------------------

Copy to:
DENNIS C. SULLIVAN, ESQ.
 SULLIVAN & CROMWELL
1701 PENNSYLVANIA AVENUE, N.W.
WASHINGTON, DC 20006
(202) 956-7500
 ---------------------------

                                                        · Enlarge/Download Table


                                                 CALCULATION OF REGISTRATION FEE                                               

===============================================================================================================================
                                                                 PROPOSED MAXIMUM         PROPOSED MAXIMUM        AMOUNT OF    
                                              AMOUNT TO BE     OFFERING PRICE PER UNIT    AGGREGATE OFFERING     REGISTRATION  
TITLE OF SECURITIES TO BE REGISTERED          REGISTERED (1)              (2)                    PRICE               FEE       
-------------------------------------------------------------------------------------------------------------------------------
                                                                                                                               
SHARES OF CLASS A COMMON STOCK,                                                                                                
   PAR VALUE $.01 PER SHARE..............      3,000,000             $32.6875                $98,062,500        $28,928.44     
-------------------------------------------------------------------------------------------------------------------------------
CLASS 1 MEMBERSHIP INTERESTS OF                                                                                                
   IRIDIUM LLC...........................      3,000,000                N/A                      N/A                N/A        
===============================================================================================================================

(1)         This Registration Statement covers (i) up to 3,000,000 shares (the  
         "Shares") of Class A Common Stock of Iridium World Communications
    Ltd. ("IWCL"), par value $.01 per share (the "Class A Common
           Stock"), to be sold under the Iridium Option Plan. (the "Plan") and
        (ii) up to 3,000,000 Class 1 Membership Interests in Iridium LLC
           ("Iridium") to be issued to IWCL in connection with the sale of the
Shares.                                                 

(2)         Pursuant to Rule 457(h), the maximum offering price has been        
          calculated, solely for the purpose of determining the registration
         fee, in accordance with Rule 457(c) based upon the average of the
           high and low sales prices of the Class A Common Stock, as quoted on
the Nasdaq National Market, on September 4, 1998.       

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PART I

INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS

      The information contained in Iridium World Communications Ltd.'s and
Iridium LLC's (the "Registrants") registration statement on Form S-8,           
Registration File Nos. 333-38173; 333- 38173-01, filed with the Securities and  
Exchange Commission on October 17, 1997 (the "1997 S-8"), is incorporated herein
by reference.                                                                   

 PART II

INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

     The information contained in the 1997 S-8 is incorporated herein by
reference. This Registration Statement relates to an amendment to the Iridium   
LLC Option Plan of 1996 to increase the aggregate number of shares              
issuable thereunder from 2,625,000 to 5,625,000 and to change the name of the   
plan from the "Iridium LLC Option Plan of 1996" to the "Iridium Option Plan."   
On January 21, 1998, the directors of Iridium LLC approved the amendment to the 
Iridium Option Plan, and on May 21, 1998, the amendment to the Iridium Option   
Plan was approved by Iridium World Communications Ltd.'s shareholders at 1998   
Annual General Meeting.                                                         

ITEM 3.       INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE                   

      The following documents previously filed by the Registrants with the
Commission are incorporated by reference in this registration statement.        

       (a) The Registrants' Form 10-K for the fiscal year ended December 31,
1997.                                                                           

    (b) All other reports filed by the Registrants pursuant to Section
13(a) or 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange
Act"), since December 31, 1997.                                                 

  (c) The description of the Class A Common Stock contained in the
Registration Statement on Form 8-A filed with the Commission on June 2, 1997    
declared effective on June 9, 1997 pursuant to the Exchange Act.                

 All documents subsequently filed by the Registrants pursuant to
Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to the filing of 
a post-effective amendment which indicates that all the securities offered      
hereby have been sold or which deregisters all such securities then remaining   
unsold, shall be deemed to be incorporated by reference in this registration    
statement and to be a part hereof from the date of filing of such documents. Any
statement contained in a document incorporated or deemed to be incorporated by  
reference herein shall be deemed to be modified or superseded for purposes of   
this registration statement to the extent that a statement contained herein, or 
in any other subsequently filed document which also is incorporated or deemed to
be incorporated by reference herein, modifies or supersedes such statement. Any 
such statement so modified or superseded shall not be deemed, except as so      
modified or superseded, to constitute a part of this registration statement.    

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ITEM 5.       INTERESTS OF NAMED EXPERTS AND COUNSEL                            

   The validity of the Class A Common Stock registered hereby is being
passed upon by Conyers Dill & Pearman.                                          

ITEM 8.       EXHIBITS                                                          

The information in Item 8 "Exhibits" in the 1997 S-8 is supplemented as follows:

Exhibit                                                                         
No.         Description                                                     

5.1           Opinion of Conyers Dill & Pearman as to the validity of the       
shares to be issued.*                               

23.1          Consent of KPMG Peat Marwick LLP.*                                

23.2          Consent of Conyers Dill & Pearman: Contained in Exhibit 5.1.      

24.1          Power of Attorney:  Included on signature page.                   

99.1          Amended and Restated Iridium Option Plan effective as of          
July 14, 1998.*                                     
--------------                                                                  

* Filed herewith.                                                               

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SIGNATURES  

Pursuant to the requirements of the Securities Act of 1933, the 
registrants certify that they have reasonable grounds to believe that they meet 
all of the requirements for filing on Form S-8 and have duly caused this        
registration statement to be signed on their behalf by the undersigned, hereunto
duly authorized, in the City of Washington, District of Columbia, on September  
11, 1998.                                                                       

                             IRIDIUM WORLD COMMUNICATIONS LTD.

                       By:   /s/ Edward F. Staiano
                                         ---------------------------------------
                                         Edward F. Staiano
                                        Chairman and Chief Executive Officer
                                        Date: September 11, 1998

       IRIDIUM LLC

                    By: /s/ Robert W. Kinzie
                                         ---------------------------------------
                                        Robert W. Kinzie
                                        Chairman
                                        Date: September 11, 1998

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 POWER OF ATTORNEY

    KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature
appears below hereby constitutes and appoints each of Edward F. Staiano, Robert 
W. Kinzie and F. Thomas Tuttle, acting individually, as his attorney-in-fact and
agent, with full power of substitution, for him in any and all capacities, to   
sign the registration statement on Form S-8 of Iridium World Communications Ltd.
and Iridium LLC and any and all amendments thereto under the Securities Act of  
1933, including any and all pre-effective or post-effective amendments, and to  
file the same, with exhibits thereto and other documents in connection          
therewith, with the Securities and Exchange Commission, granting unto said      
attorney-in-fact and agent full power and authority to do and perform each and  
every act and thing requisite and necessary to be done in and about the         
premises, as fully as he might or could do in person, and hereby ratifies,      
approves and confirms all that his said attorney-in-fact and agent, or his      
substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act of 1933, this
registration statement has been signed by the following persons in the          
capacities and on the date indicated.                                           

                                                        · Enlarge/Download Table


               NAME                                        TITLE                                   DATE         
--------------------------------------------------  ------------------------------------  ----------------------
                                                                                                                
/s/ Robert W. Kinzie                                Director of Iridium World             September 11, 1998    
--------------------------------------------------  Communications Ltd. and                                     
                    Robert W. Kinzie                Chairman of Iridium LLC                                     

/s/Edward F. Staiano                                Chairman and Chief Executive          September 11, 1998    
--------------------------------------------------  Officer of Iridium World                                    
                    Edward F. Staiano               Communications Ltd. and Vice                                
                                                    Chairman and Chief Executive                                
                                                    Officer of Iridium LLC                                      

/s/ Roy Grant                                       Chief Financial Officer of Iridium    September 11, 1998    
--------------------------------------------------  World Communications Ltd. and                               
                        Roy Grant                   Vice President-Chief Financial                              
                                                    Officer of Iridium LLC                                      

/s/ Aburizal Bakrie                                 Director of Iridium LLC               September 11, 1998    
--------------------------------------------------                                                              
                     Aburizal Bakrie                                                                            

                                                    Director of Iridium LLC               September __, 1998    
--------------------------------------------------                                                              
                    Hasan M. Binladin                                                                           

/s/ Gordon J. Comerford                             Director of Iridium LLC               September 11, 1998    
--------------------------------------------------                                                              
                   Gordon J. Comerford                                                                          

                                                    Director of Iridium LLC               September __, 1998    
--------------------------------------------------                                                              
                 Atilano de Oms Sobrinho                                                                        

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                                                        · Enlarge/Download Table
                                                                                                        
/s/ Robert A. Ferchat                               Director of Iridium LLC           September 11, 1998
--------------------------------------------------                                                      
                    Robert A. Ferchat                                                                   

/s/ Alberto Finol                                   Deputy Chairman and Director of   September 11, 1998
--------------------------------------------------  Iridium World Communications                        
                      Alberto Finol                 Ltd. and Director of Iridium LLC                    

/s/ Edward Gams                                     Director of Iridium LLC           September 11, 1998
--------------------------------------------------                                                      
                       Edward Gams                                                                      

/s/ Durell Hillis                                   Director of Iridium LLC           September 11, 1998
--------------------------------------------------                                                      
                      Durell Hillis                                                                     

/s/ Kazuo Inamori                                   Director of Iridium LLC           September 11, 1998
--------------------------------------------------                                                      
                      Kazuo Inamori                                                                     

/s/ S.H. Khan                                       Director of Iridium LLC           September 11, 1998
--------------------------------------------------                                                      
                       S. H. Khan                                                                       

                                                    Director of Iridium LLC           September __, 1998
--------------------------------------------------                                                      
                   Anatoly I. Kiselev                                                                   

/s/ Richard L. Lesher                               Director of Iridium World         September 11, 1998
--------------------------------------------------  Communications Ltd. and Iridium                     
                    Richard L. Lesher               LLC                                                 

/s/ John F. Mitchell                                Director of Iridium LLC           September 11, 1998
--------------------------------------------------                                                      

                    John F. Mitchell                                                                    
/s/ Jung L. Mok                                     Director of Iridium LLC           September 11, 1998
--------------------------------------------------                                                      
                       Jung L. Mok                                                                      

                                                    Director of Iridium LLC           September __, 1998
--------------------------------------------------                                                      
                    Giuseppe Morganti                                                                   

/s/ J. Michael Norris                               Director of Iridium LLC           September 11, 1998
--------------------------------------------------                                                      
                   J. Michael Norris                                                                    

/s/ Yusai Okuyama                                   Director of Iridium LLC           September 11, 1998
--------------------------------------------------                                                      
                      Yusai Okuyama                                                                     

/s/ John A. Richardson                              Director of Iridium LLC           September 11, 1998
--------------------------------------------------                                                      
                   John A. Richardson                                                                   

                                                    Director of Iridium LLC           September __, 1998
--------------------------------------------------                                                      
                   Theodore H. Schell                                                                   

/s/ William A. Schreyer                             Director of Iridium World         September 11, 1998
--------------------------------------------------  Communications Ltd. and Iridium                     
                   William A. Schreyer              LLC                                                 


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                                                        · Enlarge/Download Table
                                                                                                       
/s/ Sribhumi Sukhanetr                              Director of Iridium LLC          September 11, 1998
--------------------------------------------------                                                     
                   Sribhumi Sukhanetr                                                                  

/s/ Tao-Tsun Sun                                    Director of Iridium LLC          September 11, 1998
--------------------------------------------------                                                     
                      Tao-Tsun Sun                                                                     

/s/ Yoshiharu Yasuda                                Director of Iridium World        September 11, 1998
--------------------------------------------------  Communications Ltd. and Iridium                    
                    Yoshiharu Yasuda                LLC                                                

/s/ Wang Mei Yue                                    Director of Iridium LLC          September 11, 1998
--------------------------------------------------                                                     
                      Wang Mei Yue                                                                     

/s/ Peter Zaboji                                    Director of Iridium LLC          September 11, 1998
--------------------------------------------------                                                     
                      Peter Zaboji                                                                     


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EXHIBIT INDEX   

Exhibit                                                                         
No.             Description                                                 

5.1               Opinion of Conyers Dill & Pearman as to the validity of the   
shares to be issued.*                       

23.1              Consent of KPMG Peat Marwick LLP.*                            

23.2              Consent of Conyers Dill & Pearman: Contained in Exhibit 5.1.  

24.1              Power of Attorney:  Included on signature page.               

99.1              Amended and Restated Iridium LLC Option Plan effective as of  
July 14, 1998.*                             
--------------                                                                  

* Filed herewith.

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Dates Referenced Herein and Documents Incorporated By Reference

		Referenced-On Page
This S-8 Filing	Date	First	Last	Other Filings

	6/2/97	2		8-A12G
	6/9/97	2		S-1MEF, POS462B
	10/17/97	2		S-8
	12/31/97	2		10-K405
	1/21/98	2
	5/21/98	2		DEF 14A
	7/14/98	3	8
	9/4/98	1
	9/11/98	4	7
Filed On / Filed As Of / Effective As Of	9/14/98	1

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Iridium World Communications Ltd, et al. · S-8 · On 9/14/98

Filed On 9/14/98 · SEC Files 333-63337, -01 · Accession Number 950133-98-3288

Registration of Securities to be Offered to Employees Pursuant to an Employee Benefit Plan · Form S-8Filing Table of Contents

S-8 · Registration of Securities to be Offered to Employees Pursuant to an Employee Benefit PlanDocument Table of Contents

Dates Referenced Herein and Documents Incorporated By Reference

Registration of Securities to be Offered to Employees Pursuant to an Employee Benefit Plan · Form S-8
Filing Table of Contents

S-8 · Registration of Securities to be Offered to Employees Pursuant to an Employee Benefit Plan
Document Table of Contents