Iridium Communications Inc. — Director's Dealing 2010

Jan 7, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Iridium Communications Inc. (IRDM)
CIK: 0001418819
Period of Report: 2010-01-06

Reporting Person: PFEIFFER STEVEN B (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-01-06	Common Stock	A	6290.1	$0.00	Acquired	6290.1	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-01-06	Employee Stock Option (right to buy)	$7.79	A	8861	Acquired	2020-01-06	Common Stock (8861)	Direct

Footnotes

F1: These shares are represented by restricted stock units awarded as compensation for services as a director. The shares underlying this restricted stock unit award vest in four equal quarterly installments on the last day of each calendar quarter during 2010.

F2: These options were awarded as compensation for services as director. The options vest in four equal quarterly installments on the last day of each calendar quarter during 2010.