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Iridium Communications Inc. Director's Dealing 2011

Jun 24, 2011

31757_dirs_2011-06-24_b79a8d92-d0d9-4cf4-a932-f6b194830f5d.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Iridium Communications Inc. (IRDM)
CIK: 0001418819
Period of Report: 2011-06-22

Reporting Person: BOK SCOTT L (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-06-22 Common Stock A 44000 $0.00 Acquired 1110336 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-06-22 Warrant $11.50 D 200000 Disposed Common Stock (200000) Direct

Footnotes

F1: The reporting person tendered $11.50 warrants in connection with the issuer's publicly announced exchange offer, which expired on June 22, 2011, and will receive 0.22 shares of common stock for each warrant.

F2: Expires on the earlier of February 14, 2015, or the business day preceding the date on which the warrants are redeemed.