| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | IRDM | Common Stock | Tax liability | -$12.4K | -392 | -0.14% | $31.56 | 278K | Mar 1, 2025 | Direct | F1 |
| transaction | IRDM | Common Stock | Award | $0 | +16.8K | +6.04% | $0.00 | 294K | Mar 1, 2025 | Direct | F2 |
| transaction | IRDM | Common Stock | Tax liability | -$114K | -3.6K | -1.22% | $31.56 | 291K | Mar 1, 2025 | Direct | F3 |
| transaction | IRDM | Common Stock | Award | $0 | +9.6K | +3.3% | $0.00 | 300K | Mar 2, 2025 | Direct | F4 |
| transaction | IRDM | Common Stock | Tax liability | -$129K | -4.07K | -1.36% | $31.56 | 296K | Mar 2, 2025 | Direct | F5 |
| Id | Content |
|---|---|
| F1 | 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. |
| F2 | 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. Of the shares underlying this restricted stock unit award, 832 shares were previously withheld to pay taxes associated with the reporting person becoming eligible for accelerated vesting upon a qualified retirement under the issuer's "sum of 70" program. Of the remaining 15,952 shares, one-half vested on March 1, 2025 and the remainder will vest on March 1, 2026, subject to the reporting person's continuous service with the issuer as of the vesting date. |
| F3 | 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 unit award reported in footnote (2) herein. |
| F4 | Represents the vested portion of a performance-based restricted stock unit award based on the issuer's satisfaction of certain performance criteria. In light of the performance-based vesting conditions of the award, such award was not reportable under Section 16 until vesting was determined, which occurred on March 2, 2025. |
| F5 | 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 unit award reported in footnote (4) herein. |