4//SEC Filing
FITZPATRICK THOMAS 4
Accession 0001415889-25-006693
CIK 0001418819other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 6:33 PM ET
Size
12.7 KB
Accession
0001415889-25-006693
Insider Transaction Report
Form 4
FITZPATRICK THOMAS
Director
Transactions
- Tax Payment
Common Stock
2025-03-01$31.56/sh−392$12,372→ 277,708 total - Award
Common Stock
2025-03-02+9,602→ 300,497 total - Tax Payment
Common Stock
2025-03-02$31.56/sh−4,074$128,575→ 296,423 total - Award
Common Stock
2025-03-01+16,784→ 294,492 total - Tax Payment
Common Stock
2025-03-01$31.56/sh−3,597$113,521→ 290,895 total
Footnotes (5)
- [F1]The transaction reported represents the withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations in connection with the non-reportable vesting and settlement of restricted stock units.
- [F2]These shares are represented by restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer. Of the shares underlying this restricted stock unit award, 832 shares were previously withheld to pay taxes associated with the reporting person becoming eligible for accelerated vesting upon a qualified retirement under the issuer's "sum of 70" program. Of the remaining 15,952 shares, one-half vested on March 1, 2025 and the remainder will vest on March 1, 2026, subject to the reporting person's continuous service with the issuer as of the vesting date.
- [F3]The transaction reported represents the withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations in connection with the vesting and settlement of the restricted stock unit award reported in footnote (2) herein.
- [F4]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, 2025.
- [F5]The transaction reported represents the withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations in connection with the vesting and settlement of the restricted stock unit award reported in footnote (4) herein.
Documents
Issuer
Iridium Communications Inc.
CIK 0001418819
Entity typeother
Related Parties
1- filerCIK 0001229996
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 6:33 PM ET
- Size
- 12.7 KB