0001415889-24-006730.txt : 20240305
0001415889-24-006730.hdr.sgml : 20240305
20240305164217
ACCESSION NUMBER: 0001415889-24-006730
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240301
FILED AS OF DATE: 20240305
DATE AS OF CHANGE: 20240305
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Kapalka Timothy
CENTRAL INDEX KEY: 0001715998
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33963
FILM NUMBER: 24721447
MAIL ADDRESS:
STREET 1: C/O IRIDIUM COMMUNICATIONS INC.
STREET 2: 1750 TYSONS BOULEVARD
CITY: MCLEAN
STATE: VA
ZIP: 22102
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Iridium Communications Inc.
CENTRAL INDEX KEY: 0001418819
STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669]
ORGANIZATION NAME: 04 Manufacturing
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
form4-03052024_090353.xml
X0508
4
2024-03-01
0001418819
Iridium Communications Inc.
IRDM
0001715998
Kapalka Timothy
C/O IRIDIUM COMMUNICATIONS INC.
1750 TYSONS BOULEVARD, SUITE 1400
MCLEAN
VA
22102
false
true
false
false
CAO IRIDIUM SATELLITE LLC
0
Common Stock
2024-03-01
4
F
0
1073
29.71
D
17290
D
Common Stock
2024-03-01
4
A
0
7573
0
A
24863
D
Common Stock
2024-03-02
4
A
0
960
0
A
25823
D
Common Stock
2024-03-02
4
F
0
483
29.71
D
25340
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.
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, 34% shall vest on March 1, 2025 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, 2027, subject to the reporting person's continuous service with the issuer as of each such vesting date.
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, 2024.
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.
/s/ Brian Leaf, Attorney-in-Fact
2024-03-05