Iridium Communications Inc. 4
4 · Iridium Communications Inc. · Filed Jul 6, 2015
Insider Transaction Report
Form 4
Schliemann Henrik O.
Director
Transactions
- Award
Common Stock
2015-07-01$9.01/sh+7,491.6$67,499→ 7,491.6 total
Footnotes (3)
- [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]2,497.20 of the shares underlying this restricted stock unit award vested on July 1, 2015 and the remainder shall vest in two equal quarterly installments on September 30, 2015 and December 31, 2015, 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 annual retainer fees of $67,500.