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Iridium Communications Inc. — Director's Dealing 2021
Jan 8, 2021
31757_dirs_2021-01-08_32b9d201-8acc-41c4-b1c8-46bce7938fab.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Iridium Communications Inc. (IRDM)
CIK: 0001418819
Period of Report: 2021-01-06
Reporting Person: Canfield Thomas C (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-01-06 | Common Stock | A | 3002 | $0.00 | Acquired | 231940.2 | Direct |
| 2021-01-06 | Common Stock | A | 1801 | $41.63 | Acquired | 233741.2 | Direct |
Footnotes
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 6, 2022, 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.