8-K
filed May 5, 2023, 7:59 PM ET
ticker IRDM
CIK 0001418819
dividend
confidence high
sentiment positive
materiality 0.55
Iridium declares $0.13 quarterly dividend, shareholders approve equity plan expansion
Iridium Communications Inc.
- Cash dividend of $0.13 per share declared, payable June 30, 2023 to holders of record June 15, 2023.
- Stockholders approved Amended & Restated 2015 Equity Incentive Plan, adding 7M new shares for total reserve of 33,597,991 shares.
- All 12 director nominees elected; say-on-pay passed with ~96% votes for; KPMG ratified as independent auditor for FY2023.
- Approximately 94% of outstanding shares (119M) were present or represented at the annual meeting.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Iridium Communications Inc. shareholders approved Ratification of the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023. at the 2023-05-04 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-05-04
Exact text from the filing
Proposal 5 – Ratification of the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023. For Against Abstained 118,785,597 110,431 153,331
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Iridium Communications Inc. shareholders approved Approval, on a non-binding advisory basis, of the compensation of the Company's named executive officers. at the 2023-05-04 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-05-04
Exact text from the filing
Proposal 2 — Approval, on a non-binding advisory basis, of the compensation of the Company's named executive officers. For Against Abstained Broker Non-Votes 107,344,375 4,049,586 187,007 7,468,391
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Iridium Communications Inc. shareholders voted on Indication, on a non-binding advisory basis, of the preferred frequency of stockholder advisory votes on the compensation of the Company's named executive officers. at the 2023-05-04 meeting.
- Proposal
- say on pay frequency
- Meeting
- 2023-05-04
Exact text from the filing
Proposal 3 — Indication, on a non-binding advisory basis, of the preferred frequency of stockholder advisory votes on the compensation of the Company's named executive officers. One Year Two Years Three Years Abstained Broker Non-Votes 108,463,445 189,523 2,754,502 173,498 7,468,391
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Iridium Communications Inc. shareholders approved Election of Directors at the 2023-05-04 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-05-04
Exact text from the filing
Proposal 1 — Election of Directors The following twelve (12) directors were elected to serve for one-year terms until the 2024 Annual Meeting of Stockholders and until their respective successors are elected and qualified. Name Votes For Votes Withheld Broker Non-Votes Robert H. Niehaus 109,229,124 2,351,844 7,468,391 Thomas C. Canfield 110,209,610 1,371,358 7,468,391 Matthew J. Desch 110,718,050 862,918 7,468,391 Thomas J. Fitzpatrick 99,470,826 12,110,142 7,468,391 L. Anthony Frazier 111,381,560 199,408 7,468,391 Jane L. Harman 111,058,522 522,446 7,468,391 Alvin B. Krongard 99,219,223 12,361,745 7,468,391 Suzanne E. McBride 101,604,015 9,976,953 7,468,391 Admiral Eric T. Olson (Ret.) 110,135,474 1,445,494 7,468,391 Parker W. Rush 109,714,546 1,866,422 7,468,391 Kay N. Sears 111,379,580 201,388 7,468,391 Jacqueline E. Yeaney 111,337,573 243,395 7,468,391
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
Iridium Communications Inc. shareholders approved Approval of the Company's Amended and Restated 2015 Equity Incentive Plan. at the 2023-05-04 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2023-05-04
Exact text from the filing
Proposal 4 — Approval of the Company's Amended and Restated 2015 Equity Incentive Plan . For Against Abstained Broker Non-Votes 95,180,509 16,211,007 189,452 7,468,391
View on SEC.gov
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