4//SEC Filing
FITZPATRICK THOMAS 4
Accession 0001415889-25-019139
CIK 0001418819other
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 6:10 PM ET
Size
7.5 KB
Accession
0001415889-25-019139
Insider Transaction Report
Form 4
FITZPATRICK THOMAS
Director
Transactions
- Tax Payment
Common Stock
2025-07-01$30.59/sh−34,544$1,056,701→ 261,943.9 total - Award
Common Stock
2025-06-30+30.9→ 296,487.9 total
Footnotes (2)
- [F1]On May 14, 2025, 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 30, 2025 to stockholders of record of the common stock at the close of business on June 13, 2025 (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.
- [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 restricted stock units.
Documents
Issuer
Iridium Communications Inc.
CIK 0001418819
Entity typeother
Related Parties
1- filerCIK 0001229996
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 6:10 PM ET
- Size
- 7.5 KB