Suzanne E. McBride - 03 Mar 2022 Form 4 Insider Report for Iridium Communications Inc. (IRDM)

Reporting relationship: Chief Operations Officer, Director
Issuer ticker: IRDM
Reported as of: 03 Mar 2022
Net transaction value: -$63,010
SEC form: 4
Accepted by SEC: 07 Mar 2022, 15:09:36 UTC
Prior SEC filing: 03 Mar 2022
Next SEC filing: 13 May 2022
Source filing: View source filing
Reporting owner signature: /s/ Brian Leaf, Attorney-in-Fact

Key filing fact

Suzanne E. McBride filed Form 4 for Iridium Communications Inc. (IRDM) on 07 Mar 2022.

Key facts

This page summarizes Suzanne E. McBride's Form 4 filing for Iridium Communications Inc. (IRDM).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 07 Mar 2022, 15:09.

Change

Previous filing in this sequence was filed on 03 Mar 2022.
Current net transaction value: -$63,010.

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

Award

Transaction value: $0
Shares: +3,616
Change %: +3.3%
Price: $0.000000
Shares after: 113,782
Date: 03 Mar 2022
Ownership: Direct
Footnotes: F1

IRDM transaction

Common Stock

Tax liability

Transaction value: $63,010
Shares: -1,607
Change %: -1.4%
Price: $39.21
Shares after: 112,175
Date: 03 Mar 2022
Ownership: Direct
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

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 3, 2022.

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 vesting and settlement of the restricted stock unit award reported in footnote (1) herein.