Leon Anthony Frazier - Jan 5, 2023 Form 4 Insider Report for Iridium Communications Inc. (IRDM)

Role
Director
Signature
/s/Brian Leaf, Attorney-in-Fact
Stock symbol
IRDM
Transactions as of
Jan 5, 2023
Transactions value $
$70,038
Form type
4
Date filed
1/9/2023, 03:47 PM
Previous filing
May 17, 2022
Next filing
Feb 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IRDM Common Stock Award $0 +3.76K +30.07% $0.00 16.3K Jan 5, 2023 Direct F1, F2, F3
transaction IRDM Common Stock Award $70K +1.32K +8.1% $53.18 17.6K Jan 5, 2023 Direct F1, F2, F4
* 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 January 5, 2024, 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.
F4 The restricted stock units were issued to the reporting person pursuant to the issuer's director compensation plan in lieu of (i) annual cash board member retainer fees of $50,000, and (ii) committee member fees of $20,000.