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Iridium Communications Inc. — Director's Dealing 2025
Jan 8, 2025
31757_dirs_2025-01-08_b1d7dfd1-1955-4f8d-9e8e-113c86330978.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: 2025-01-06
Reporting Person: Canfield Thomas C (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-01-06 | Common Stock | A | 6633 | — | Acquired | 210049.9 | Direct |
| 2025-01-06 | Common Stock | A | 2487 | $30.15 | Acquired | 212536.9 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 36682 | Indirect |
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, 2026, 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 are owned by a grantor retained annuity trust ("GRAT"). The reporting person is the trustee and sole annuitant of the GRAT.