| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | IRDM | Common Stock | Options Exercise | $402K | +61.6K | +41.31% | $6.52 | 211K | Nov 1, 2022 | Direct | F1 |
| transaction | IRDM | Common Stock | Sale | -$3.2M | -61.6K | -29.23% | $52.00 | 149K | Nov 1, 2022 | Direct | F1, F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | IRDM | Employee Stock Option (Right to Buy) | Options Exercise | $0 | -61.6K | -100% | $0.00* | 0 | Nov 1, 2022 | Common Stock | 61.6K | $6.52 | Direct | F1, F3 |
| Id | Content |
|---|---|
| F1 | This exercise and subsequent sales were made pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on February 24, 2022. |
| F2 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.00 to $52.06, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this form Form 4. |
| F3 | This option vested and became exercisable as to 25% of the shares of common stock underlying the option on March 1, 2015 and then quarterly thereafter in equal installments on each June 1, September 1, December 1 and March 1, such that the option was fully vested on March 1, 2018. |