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Ownership Document |
Schema Version: X0306 |
Document Type: 4 |
Period of Report: 8/19/22 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 1418819 |
| Issuer Name: Iridium Communications Inc. |
| Issuer Trading Symbol: IRDM |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1312913 |
| | Owner Name: Krongard A B |
| Reporting Owner Address: |
| | Owner Street 1: C/O IRIDIUM COMMUNICATIONS INC. |
| | Owner Street 2: 1750 TYSONS BOULEVARD, SUITE 1400 |
| | Owner City: MCLEAN |
| | Owner State: VA |
| | Owner ZIP Code: 22102 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? No |
| | Is Ten Percent Owner? No |
| | Is Other? No |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 8/19/22 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | | Footnote ID: F1 |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 115,000 |
| | | Transaction Price Per Share: |
| Value: 45.39 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 116,851 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 207,262 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: By 2022 Alvin B. Krongard GRAT |
| Footnote ID: F2 |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 160,983 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: By Krongard Irrevocable Equity Trust dated June 30, 2009 |
| Footnote ID: F3 |
Footnotes: |
| Footnote - F1: The sale reported herein was a private sale by the reporting person to a trust established for the benefit of the reporting person's immediate family members. Neither the reporting person nor the reporting person's spouse are trustees of the trust or otherwise have investment control over the securities held by the trust. The reporting person has no pecuniary interest in the trust. |
| Footnote - F2: These shares were previously owned directly by the reporting person and were contributed to a grantor retained annuity trust (GRAT) on June 29, 2022. The reporting person is the trustee and sole annuitant of the GRAT. |
| Footnote - F3: These shares are held in a trust for the benefit of the reporting person's children. The reporting person's spouse is trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. |
Remarks: |
Owner Signature: |
| Signature Name: /s/Brian Leaf, Attorney-in-Fact |
| Signature Date: 9/16/22 |