Timothy Kapalka - Aug 1, 2022 Form 4 Insider Report for Iridium Communications Inc. (IRDM)

Role
CAO IRIDIUM SATELLITE LLC
Signature
/s/ Brian Leaf, Attorney-in-Fact
Stock symbol
IRDM
Transactions as of
Aug 1, 2022
Transactions value $
-$60,904
Form type
4
Date filed
8/5/2024, 04:15 PM
Previous filing
Jun 2, 2022
Next filing
Sep 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IRDM Common Stock Award $0 +4.69K +14.84% $0.00 36.3K Aug 1, 2022 Direct F1
transaction IRDM Common Stock Tax liability -$60.9K -2.11K -5.83% $28.81 34.2K Aug 1, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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. The shares underlying this restricted stock unit award vested in full on August 1, 2024.
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 vesting and settlement of the restricted stock units reported in the preceding row.