Company: IRDM
Filing Date: 2025-03-17
Form Type: PRE 14A
Source: 0001628280-25-013200
Chunk: 123

Company: Iridium Communications Inc.
Filing Date: 2025-03-17
Form: PRE 14A
Chunk 123
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 1,122,570; 2021 - $ 1,359,162; 2020 - $ 1,315,609; (4) the vesting date fair value of shares granted and vested in the current year: 2024 - $ 142,603; (5) the change as of the vesting date (from the end of the prior year) in fair value of awards granted in a prior year for which all applicable vesting conditions were satisfied during the year: 2024 - $( 1,705,058); 2023 - $ 781,418; 2022 - $( 59,171); 2021 - $ 221,463; 2020 - $ 346,611; and (6) for awards granted in a prior year that failed to meet the applicable vesting conditions during the year, the fair value of such awards at the end of the prior year: 2024 - $ 0; 2023 - $ 0; 2022 - $ 0; 2021 - $ 0; 2020 - $( 27,437).

(3) Non-PEO NEOs consist of Messrs. Fitzpatrick, Hartin and Scheimreif and Ms. McBride. For 2021 only, non-PEO NEOs also include our former Chief Legal Officer, Thomas Hickey.

(4) For our non-PEO NEOs, the following amounts were added to (or subtracted from) the average of the respective amounts reported in the Summary Compensation Table for each covered year: (1) the average grant date fair value of stock awards granted during the year: 2024 - $( 2,201,352); 2023 - $( 2,191,145); 2022 - $( 2,043,700); 2021 - $( 1,362,310); 2020 - $( 1,205,942); (2) the average fair value as of the end of the year of awards granted during the year that remained outstanding and unvested as of the end of the year: 2024 - $ 1,653,879; 2023 - $ 1,305,904; 2022 - $ 3,312,023; 2021 - $ 1,637,702; 2020 - $ 916,723; (3) the average change as of the end of the