Leon Anthony Frazier - Jul 7, 2021 Form 4 Insider Report for Iridium Communications Inc. (IRDM)

Role
Director
Signature
/s/ Brian Leaf, Attorney-in-Fact
Stock symbol
IRDM
Transactions as of
Jul 7, 2021
Transactions value $
$9,999
Form type
4
Date filed
7/9/2021, 04:49 PM
Previous filing
Jun 17, 2021
Next filing
Dec 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IRDM Common Stock Award $10K +256 +3.85% $39.06 6.9K Jul 7, 2021 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 July 7, 2022, 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 committee retainer fees of $10,000, representing a prorated portion of the issuer's standard annual audit committee member retainer.