4//SEC Filing
Kapalka Timothy 4
Accession 0001415889-25-006695
CIK 0001418819other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 6:34 PM ET
Size
10.8 KB
Accession
0001415889-25-006695
Insider Transaction Report
Form 4
Kapalka Timothy
CAO IRIDIUM SATELLITE LLC
Transactions
- Tax Payment
Common Stock
2025-03-02$31.56/sh−949$29,950→ 43,234 total - Tax Payment
Common Stock
2025-03-01$31.56/sh−1,617$51,033→ 31,781 total - Award
Common Stock
2025-03-02+2,105→ 44,183 total - Award
Common Stock
2025-03-01+10,297→ 42,078 total
Footnotes (4)
- [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, 34% shall vest on March 1, 2026 and the remainder shall vest in equal quarterly installments thereafter on each June 1, September 1, December 1 and March 1, so that all shares of common stock shall be vested as of March 1, 2028, subject to the reporting person's continuous service with the issuer as of each such vesting date.
- [F3]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.
- [F4]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 (3) herein.
Documents
Issuer
Iridium Communications Inc.
CIK 0001418819
Entity typeother
Related Parties
1- filerCIK 0001715998
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 6:34 PM ET
- Size
- 10.8 KB