Vincent James O'Neill Receives Stock Award at Iridium Communications Inc (IRDM) — SEC Form 4, Mar 04, 2025

SEC Form 4 · No Market Transaction
Stock Award

Compensation grant — no market purchase or sale.

Reporting Owner
TXN 2025-03-02 · FILED 2025-03-04
Equity Position 52.9K sh 29,563 → 52,936
Equity Change +79.1% shares held after vs before
Filing Lag 2 business days within 2-day SEC deadline
Form 4 · Statement of Changes in Beneficial Ownership
Filing Date
2025-03-04
Report Date
2025-03-04
Accession No.
0001415889-25-006706
Accepted At
2025-03-04 23:37 UTC
Reporting Owner
Name Relationship
Vincent James O'Neill CIK 0002046040
CFO
Vincent James O'Neill at Iridium Communications Inc Full insider history
Bought (12 mo) —
Sold (12 mo) —
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Non-Derivative Securities Transactions
Title Date Type Shares Price Net Total Post-Txn Ownership
Common StockF1 2025-03-01 F - Tax Payment 1,592 D $31.56 -$50,244 26,985 Direct
Common StockF2 2025-03-01 A - Award/Grant 23,764 A $0.00 — 50,749 Direct
Common StockF3 2025-03-02 A - Award/Grant 2,187 A $0.00 — 52,936 Direct
Common StockF4 2025-03-02 F - Tax Payment 986 D $31.56 -$31,118 51,950 Direct
Footnotes (4)
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. Show more
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, 34% shall vest on March 1, 2026 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, 2028, subject to the reporting person's continuous service with the issuer as of each such vesting date. Show more
F3
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. Show more
F4
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. Show more
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