Suzanne E. McBride - 01 Mar 2022 Form 4 Insider Report for Iridium Communications Inc. (IRDM)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Mar 2022, 16:19:09 UTC
Prior SEC filing
11 Feb 2022
Next SEC filing
07 Mar 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Brian Leaf, Attorney-in-Fact

Key filing fact

Suzanne E. McBride filed Form 4 for Iridium Communications Inc. (IRDM) on 03 Mar 2022.

Key facts

  • This page summarizes Suzanne E. McBride's Form 4 filing for Iridium Communications Inc. (IRDM).
  • 5 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 03 Mar 2022, 16:19.

Change

  • Previous filing in this sequence was filed on 11 Feb 2022.
  • Current net transaction value: -$394,228.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

IRDM transaction

Common Stock

Tax liability

Transaction value
$132,449
Shares
-3,397
Change %
-4.8%
Price
$38.99
Shares after
68,014
Date
01 Mar 2022
Ownership
Direct
Footnotes
F1
IRDM transaction

Common Stock

Tax liability

Transaction value
$116,151
Shares
-2,979
Change %
-4.4%
Price
$38.99
Shares after
65,035
Date
01 Mar 2022
Ownership
Direct
Footnotes
F2
IRDM transaction

Common Stock

Award

Transaction value
$0
Shares
+16,807
Change %
+26%
Price
$0.000000
Shares after
81,842
Date
01 Mar 2022
Ownership
Direct
Footnotes
F3
IRDM transaction

Common Stock

Tax liability

Transaction value
$145,628
Shares
-3,735
Change %
-4.6%
Price
$38.99
Shares after
78,107
Date
01 Mar 2022
Ownership
Direct
Footnotes
F4
IRDM transaction

Common Stock

Award

Transaction value
$0
Shares
+32,059
Change %
+41%
Price
$0.000000
Shares after
110,166
Date
01 Mar 2022
Ownership
Direct
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote 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.

Footnote F2

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 a restricted stock unit award that previously vested with respect to one-half of the shares underlying the award on March 1, 2021. The amount being reported herein represents amounts withheld to satisfy tax withholding obligations in connection with the vesting and settlement of the remaining one-half on March 1, 2022.

Footnote F3

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, one-half vested on March 1, 2022 and the remainder will vest on March 1, 2023, subject to the reporting person's continuous service with the issuer as of the vesting date.

Footnote 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.

Footnote F5

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, 25% shall vest on March 1, 2023 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, 2026, subject to the reporting person's continuous service with the issuer as of each such vesting date.

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