Iridium Communications Inc. — Director's Dealing 2012

Mar 5, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Iridium Communications Inc. (IRDM)
CIK: 0001418819
Period of Report: 2012-03-01

Reporting Person: Nyren Richard P (VP-Iridium Satellite LLC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-01	Common Stock	A	1699	$0.00	Acquired	4699	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-01	Employee Stock Option (Right to Buy)	$7.56	A	3834	Acquired	2022-03-01	Common Stock (3834)	Direct
2011-11-07	Employee Stock Option (Right to Buy)	$6.33	A	50000	Acquired	2021-11-07	Common Stock (50000)	Direct

Footnotes

F1: These shares are represented by restricted stock units. The shares of Common Stock underlying this restricted stock unit award vest as to 25% on March 1, 2013 and quarterly thereafter in equal installments (rounded down to the nearest whole number) on June 1, September 1 and December 1 so that all shares of Common Stock shall be vested as of March 1, 2016.

F2: These options shall vest and become exercisable as to 25% of the shares of Common Stock underlying the option on March 1, 2013 and quarterly thereafter in equal installments on June 1, September 1 and December 1 so that all shares of Common Stock underlying the option shall vest and become exercisable on March 1, 2016.

F3: These options shall vest and become exercisable as to 25% of the shares of Common Stock underlying the option on November 7, 2012 and quarterly thereafter in equal installments on February 7, May 7 and August 7 so that all shares of Common Stock underlying the option shall vest and become exercisable on November 7, 2015.