Key facts
- This page summarizes Suzanne E. McBride's Form 4 filing for Iridium Communications Inc. (IRDM).
- 7 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 05 Mar 2024, 16:43.
Suzanne E. McBride - 01 Mar 2024 Form 4 Insider Report for Iridium Communications Inc. (IRDM)
- Reporting relationship
- CHIEF OPERATIONS OFFICER, Director
- Issuer ticker
- IRDM
- Reported as of
- 01 Mar 2024
- Net transaction value
- -$693,223
- SEC form
- 4
- Accepted by SEC
- 05 Mar 2024, 16:43:51 UTC
- Prior SEC filing
- 12 Feb 2024
- Next SEC filing
- 10 May 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Brian Leaf, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Suzanne E. McBride filed Form 4 for Iridium Communications Inc. (IRDM) on 05 Mar 2024.
Change
- Previous filing in this sequence was filed on 12 Feb 2024.
- Current net transaction value: -$693,223.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
IRDM
transaction
Common Stock
Tax liability
- Transaction value
- $131,853
- Shares
- -4,438
- Change %
- -3.7%
- Price
- $29.71
- Shares after
- 116,737
- Date
- 01 Mar 2024
- Ownership
- Direct
- Footnotes
- F1
IRDM
transaction
Common Stock
Tax liability
- Transaction value
- $206,782
- Shares
- -6,960
- Change %
- -6%
- Price
- $29.71
- Shares after
- 109,777
- Date
- 01 Mar 2024
- Ownership
- Direct
- Footnotes
- F2
IRDM
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +48,088
- Change %
- +44%
- Price
- $0.000000
- Shares after
- 157,865
- Date
- 01 Mar 2024
- Ownership
- Direct
- Footnotes
- F3
IRDM
transaction
Common Stock
Tax liability
- Transaction value
- $311,272
- Shares
- -10,477
- Change %
- -6.6%
- Price
- $29.71
- Shares after
- 147,388
- Date
- 01 Mar 2024
- Ownership
- Direct
- Footnotes
- F4
IRDM
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +42,073
- Change %
- +29%
- Price
- $0.000000
- Shares after
- 189,461
- Date
- 01 Mar 2024
- Ownership
- Direct
- Footnotes
- F5
IRDM
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +3,281
- Change %
- +1.7%
- Price
- $0.000000
- Shares after
- 192,742
- Date
- 02 Mar 2024
- Ownership
- Direct
- Footnotes
- F6
IRDM
transaction
Common Stock
Tax liability
- Transaction value
- $43,317
- Shares
- -1,458
- Change %
- -0.76%
- Price
- $29.71
- Shares after
- 191,284
- Date
- 02 Mar 2024
- Ownership
- Direct
- Footnotes
- F7
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 7 footnotes
Footnote 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.
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 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, 2023. 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, 2024.
Footnote 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, 2024 and the remainder will vest on March 1, 2025, subject to the reporting person's continuous service with the issuer as of the vesting date.
Footnote 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.
Footnote 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, 34% shall vest on March 1, 2025 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.
Footnote F6
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 2, 2024.
Footnote F7
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 (6) herein.