0001209191-22-015631.txt : 20220303
0001209191-22-015631.hdr.sgml : 20220303
20220303171002
ACCESSION NUMBER: 0001209191-22-015631
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220301
FILED AS OF DATE: 20220303
DATE AS OF CHANGE: 20220303
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: DESCH MATTHEW J
CENTRAL INDEX KEY: 0001178032
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33963
FILM NUMBER: 22710166
MAIL ADDRESS:
STREET 1: C/O SAIC
STREET 2: 10260 CAMPUS POINT DR M/S F3
CITY: SAN DIEGO
STATE: CA
ZIP: 92121
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Iridium Communications Inc.
CENTRAL INDEX KEY: 0001418819
STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669]
IRS NUMBER: 221344998
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1750 TYSONS BOULEVARD
STREET 2: SUITE 1400
CITY: MCLEAN
STATE: VA
ZIP: 22102
BUSINESS PHONE: 301-571-6200
MAIL ADDRESS:
STREET 1: 1750 TYSONS BOULEVARD
STREET 2: SUITE 1400
CITY: MCLEAN
STATE: VA
ZIP: 22102
FORMER COMPANY:
FORMER CONFORMED NAME: GHL Acquisition Corp.
DATE OF NAME CHANGE: 20071119
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2022-03-01
0
0001418819
Iridium Communications Inc.
IRDM
0001178032
DESCH MATTHEW J
C/O IRIDIUM COMMUNICATIONS INC.
1750 TYSONS BOULEVARD, SUITE 1400
MCLEAN
VA
22102
1
1
0
0
Chief Executive Officer
Common Stock
2022-03-01
4
F
0
8067
38.99
D
588120
D
Common Stock
2022-03-01
4
F
0
8568
38.99
D
579552
D
Common Stock
2022-03-01
4
A
0
30014
0.00
A
609566
D
Common Stock
2022-03-01
4
F
0
6768
38.99
D
602798
D
Common Stock
2022-03-01
4
A
0
64119
0.00
A
666917
D
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.
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 a restricted stock unit award that previously vested with respect to one-half of the shares underlying the award on March 1, 2021. The amount being reported herein represents amounts withheld to satisfy tax withholding obligations in connection with the vesting and settlement of the remaining one-half on March 1, 2022.
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, one-half vested on March 1, 2022 and the remainder will vest on March 1, 2023, subject to the reporting person's continuous service with the issuer as of the vesting date.
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 (3) herein.
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, 25% shall vest on March 1, 2023 and the remainder shall vest in equal quarterly installments thereafter on each June 1, September 1, December 1 and March 1, so that all shares of common stock shall be vested as of March 1, 2026, subject to the reporting person's continuous service with the issuer as of each such vesting date.
/s/Brian Leaf, Attorney-in-Fact
2022-03-03