Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IRDM | Common Stock | Award | $0 | +5.04K | +2.62% | $0.00 | 198K | Jan 4, 2024 | Direct | F1, F2, F3 |
transaction | IRDM | Common Stock | Award | $75K | +1.89K | +0.96% | $39.71 | 199K | Jan 4, 2024 | Direct | F1, F2, F4 |
holding | IRDM | Common Stock | 36.7K | Jan 4, 2024 | By Thomas C. Canfield 2017 GRAT | F5 |
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 4, 2025, 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 $25,000. |
F5 | These shares were previously owned directly by the reporting person and were contributed to a grantor retained annuity trust ("GRAT"). The reporting person is the trustee and sole annuitant of the GRAT. |