Canfield Thomas C 4
4 · Iridium Communications Inc. · Filed Jan 8, 2025
Insider Transaction Report
Form 4
Canfield Thomas C
Director
Transactions
- Award
Common Stock
2025-01-06$30.15/sh+2,487$74,983→ 212,536.9 total - Award
Common Stock
2025-01-06+6,633→ 210,049.9 total
Holdings
- 36,682(indirect: By Thomas C. Canfield 2017 GRAT)
Common Stock
Footnotes (5)
- [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 6, 2026, 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.
- [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 $25,000.
- [F5]These shares are owned by a grantor retained annuity trust ("GRAT"). The reporting person is the trustee and sole annuitant of the GRAT.