Company: IRDM
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001628280-25-015183
Chunk: 127

Company: Iridium Communications Inc.
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 127
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332,271 |
| Robert H. Niehaus            |     |                        | 140,000 |     |                  | 200,000 |     |                               |  66,338 |     |           | 406,338 |
| Admiral Eric T. Olson (Ret.) |     |                        |  65,000 |     |                  | 215,000 |     |                               |  70,882 |     |           | 350,882 |
| Kay N. Sears(6)              |     |                        |  61,250 |     |                  | 200,000 |     |                               |   2,791 |     |           | 264,041 |
| Jacqueline E. Yeaney(6)      |     |                        |  70,000 |     |                  | 200,000 |     |                               |   3,456 |     |           | 273,456 |

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(1) Amounts in this column represent cash retainers paid to the director for board and committee service. As described above, directors may elect to receive up to $50,000 of their annual board retainer and up to the full amount of their retainers for service on the audit, compensation and nominating and corporate governance committees in the form of RSUs. For board and committee service in 2024, the following directors elected to receive RSUs: 1,888 RSUs in lieu of $75,000 for Mr. Canfield; 2,266 RSUs in lieu of $90,000 for Mr. Frazier; and 1,698 RSUs in lieu of $67,500 for Mr. Krongard.

(2) Amounts in this column represent the aggregate grant date fair values, computed in accordance with FASB ASC Topic 718 but excluding estimated forfeitures, of RSU awards issued pursuant to our non-employee director compensation policy on January 4, 2024, including the value of the RSUs elected to be received in lieu of cash set forth in footnote 1 above.

(3) The aggregate number of shares underlying unvested or vested and deferred RSU awards outstanding at December 31, 2024 and held by each non-employee director was as follows: 203,417 shares for Mr. Canfield; 12,677 shares for Mr. Frazier; 91,580 shares for Mr. Krongard; 122,012 shares for Mr. Nie