Form 4 for IRDM Iridium Communications Inc.
Accepted 2021-07-09 00:00:00 ET · period of report 2021-07-07 · accession 0001209191-21-046218 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021-07-09 | 2021-07-07 | IRDM | Olson Eric T | Dir | A - Grant | $39.06 | +96 | 117.2K | +0.1% | +$3,750 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-07-07 | A | A | 96 | $39.06 | 117,195.20 | D | — | — | (F1) This security represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer. (F2) The shares underlying this restricted stock unit award vest in full on July 7, 2022, subject to the reporting person's continued service with the issuer. (F3) The restricted stock units were issued to the reporting person pursuant to the issuer's director compensation plan in lieu of committee retainer fees of $3,750, representing a prorated portion of the issuer's standard annual compensation committee member retainer. (F4) Amount beneficially owned following the transaction reflects the non-reportable cancellation of 60 restricted stock units previously granted to the reporting person upon his resignation from the issuer's nominating and corporate governance committee. |