Olson Eric T. - 28 Jun 2024 Form 4 Insider Report for Iridium Communications Inc. (IRDM)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
02 Jul 2024, 16:30:23 UTC
Prior SEC filing
13 Jun 2024
Next SEC filing
05 Sep 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Brian F. Leaf, Attorney-in-Fact

Key filing fact

Olson Eric T. filed Form 4 for Iridium Communications Inc. (IRDM) on 02 Jul 2024.

Key facts

  • This page summarizes Olson Eric T.'s Form 4 filing for Iridium Communications Inc. (IRDM).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 02 Jul 2024, 16:30.

Change

  • Previous filing in this sequence was filed on 13 Jun 2024.
  • Current net transaction value: $0.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

IRDM transaction

Common Stock

Award

Transaction value
$0
Shares
+676
Change %
+0.51%
Price
$0.000000
Shares after
134,162
Date
28 Jun 2024
Ownership
Direct
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

On May 23, 2024, the Issuer announced that its board of directors declared a quarterly cash dividend in the amount of $0.14 per share of its common stock, payable on June 28, 2024 to stockholders of record of the common stock at the close of business on June 14, 2024 (the "Dividend"). The amount acquired in column 4 represents equivalent rights accrued on restricted stock units with respect to the Issuer's common stock ("Original RSUs") held by the reporting person as a result of the Dividend. Each dividend equivalent right entitles the reporting person to receive one share of the Issuer's common stock upon the settlement of the Original RSUs and is subject to the same terms and conditions, including vesting and settlement, as the Original RSUs to which it relates. The grant of dividend equivalent rights was approved by the Issuer's board of directors pursuant to Rule 16b-3 of the Securities Exchange Act of 1934, as amended.

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