Form 4 for IRDM Iridium Communications Inc.
Accepted 2023-03-06 00:00:00 ET · period of report 2023-03-02 · accession 0001209191-23-016257 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-03-06 | 2023-03-02 | IRDM | DESCH MATTHEW J | CEO, Dir | F - Tax | $61.76 | -5,949 | 687.3K | -0.9% | -$367.4K | |
| 2023-03-06 | 2023-03-02 | IRDM | DESCH MATTHEW J | CEO, Dir | A - Grant | $0.00 | +13.2K | 693.2K | +2% | $0 |
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 | 2023-03-02 | F | D | 5,949 | $61.76 | 687,280 | D | — | — | |
| 2 | Common | Common Stock | 2023-03-02 | A | A | 13,191 | $0.00 | 693,229 | D | — | — | (F1) Represents the vested portion of a performance-based restricted stock unit award based on the issuer's satisfaction of certain performance criteria. In light of the performance-based vesting conditions of the award, such award was not reportable under Section 16 until vesting was determined, which occurred on March 2, 2023. |