Company: IRDM
Filing Date: 2025-03-17
Form Type: PRE 14A
Source: 0001628280-25-013200
Chunk: 106

Company: Iridium Communications Inc.
Filing Date: 2025-03-17
Form: PRE 14A
Chunk 106
---
(1) |     |        |     |          |     | 2/27/2024 |         |     |                                                                       |         |     |           |     |                                                 |  25,244 |     |  50,488 |     |                              |         |     |                                           |   750,000 |
|                       |     |        |     |            |     | 3/1/2024 |         |     | 2024 Bonus Plan(2) |     |        |     |          |     | 2/27/2024 |         |     |                                                                       | 111,620 |     |   370,988 |     |                                                 |   4,973 |     |         |     |                              |         |     |                                           |   147,748 |
|                       |     |        |     |            |     | 3/1/2024 |         |     | Service RSU(3)     |     |        |     |          |     | 2/14/2024 |         |     |                                                                       |         |     |           |     |                                                 |         |     |         |     |                              |  25,244 |     |                                           |   750,000 |

_____________________

(1) Performance RSU: Share amounts in this row represent target and maximum (200% of target) payouts for each named executive officer for grants made in 2024 under our 2024 performance-based restricted stock unit award program. Depending on achievement of performance goals, the 2024 performance-based RSU payout range is 0-200%. For more information, see “Compensation Discussion and Analysis—Executive Compensation Program—Reasons for Providing, and Manner of Structuring, the Key Compensation Elements in 2024—Long-Term Equity-Based Incentive Compensation—2024 Performance-Based RSU Grants.”

(2) 2024 Bonus Plan: As described above under “Compensation Discussion and Analysis—Executive Compensation Program—Reasons for Providing, and Manner of Structuring, the Key Compensation Elements in 2024—2024 Annual Incentive Bonus,” each executive could earn an annual bonus of up to 190% of target based on corporate performance and a maximum bonus award of 200% of such executive’s target bonus after also taking into account personal performance. Achievement of up to 60% of the target bonus was payable by the vesting of the RSUs included in this row under