| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | IRDM | Common Stock | Tax liability | -$321K | -5.22K | -4.87% | $61.59 | 102K | Mar 1, 2023 | Direct | F1 |
| transaction | IRDM | Common Stock | Tax liability | -$230K | -3.74K | -3.66% | $61.59 | 98.3K | Mar 1, 2023 | Direct | F2 |
| transaction | IRDM | Common Stock | Award | $0 | +31.3K | +31.86% | $0.00 | 130K | Mar 1, 2023 | Direct | F3 |
| transaction | IRDM | Common Stock | Tax liability | -$429K | -6.96K | -5.37% | $61.59 | 123K | Mar 1, 2023 | Direct | F4 |
| transaction | IRDM | Common Stock | Award | $0 | +20.3K | +16.55% | $0.00 | 143K | Mar 1, 2023 | Direct | F5 |
| transaction | IRDM | Common Stock | Gift | $0 | -3.18K | -2.22% | $0.00 | 140K | Mar 1, 2023 | Direct | |
| transaction | IRDM | Common Stock | Sale | -$283K | -4.67K | -3.34% | $60.65 | 135K | Mar 2, 2023 | Direct | F6 |
| Id | Content |
|---|---|
| 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. |
| 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, 2022. 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, 2023. |
| 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, 2023 and the remainder will vest on March 1, 2024, subject to the reporting person's continuous service with the issuer as of the vesting date. |
| 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. |
| 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, 2024 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, 2027, subject to the reporting person's continuous service with the issuer as of each such vesting date. |
| F6 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.39 to $60.93, 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. |