Company: IRDM
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001628280-25-015183
Chunk: 107

Company: Iridium Communications Inc.
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 107
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, which is the amount of cash that could be paid to the executive if the bonus were achieved at 100% of target. Maximum amounts reported in this row under “Estimated Possible Payouts Under Non-Equity Incentive Plan Awards” represent 140% of the executive’s target bonus, which was the maximum possible amount of cash that could be paid to the executive under the annual bonus plan. As described above for 2024, each executive actually earned 113% of his or her target bonus amount, as a result of which 100% of the shares reported under the “Target” column vested in March 2025 (representing 60% of target bonus), and the remainder (53% of target bonus) was paid in cash at that time.

(3) Service-Based RSU: Share amounts in this row are subject to vesting based on continued service over three years, with 34% of the shares vesting on March 1, 2025, and the remainder scheduled to vest thereafter in eight equal quarterly installments subject to the executive’s continued employment with us on the applicable vesting date. The vesting of these awards may be accelerated in connection with a qualified retirement under our “sum of 70” program, described above under “Compensation Discussion and Analysis—Other Executive Compensation Matters—Sum of 70 Retirement and Benefits Upon Death or Disability.

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#### Outstanding Equity Awards at Fiscal Year-End
The following table sets forth the equity-based awards held by the named executive officers that were outstanding on December 31, 2024.

|                           |     | Option Awards |        |     |               |   |     |          |       |     |            |     |          |     | Stock Awards                                                |         |        |     |     |                                                                      |           |     |                                                                                                         |         |     |    |     |                                                                                                                            |           |
| Name                      |     | Number of     
 Securities    
 Underlying    
 Unexercised   
 Options       
 Exercisable   
 (#)           |        |     | Number of     
 Securities    
 Underlying    
 Unexercised   
 Options       
 Unexercisable 
 (#)           |   |     | Option   
 Exercise 
 Price    
 ($)      |       |     | Option     
 Expiration 
 Date(1)    |     |          |     | Number of Shares or Units of Stock That Have Not Vested (#) |         |        |     |     | Market Value of Shares