Form 4 for IRDM Iridium Communications Inc.
Accepted 2023-01-09 00:00:00 ET · period of report 2023-01-05 · accession 0001209191-23-002572 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-01-09 | 2023-01-05 | IRDM | FRAZIER LEON ANTHONY | Dir | A - Grant | $13.80 | +5,077 | 17.6K | +41% | +$70.0K |
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 | 2023-01-05 | A | A | 3,760 | $0.00 | 16,265 | 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 on January 5, 2024, 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. |
| 2 | Common | Common Stock | 2023-01-05 | A | A | 1,317 | $53.18 | 17,582 | 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 on January 5, 2024, subject to the reporting person's continued service with the issuer. (F4) The restricted stock units were issued to the reporting person pursuant to the issuer's director compensation plan in lieu of (i) annual cash board member retainer fees of $50,000, and (ii) committee member fees of $20,000. |