Iridium Communications Inc. — Director's Dealing 2012

Dec 18, 2012

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Iridium Communications Inc. (IRDM)
CIK: 0001418819
Period of Report: 2012-12-11

Reporting Person: Scheimreif Scott (EVP-Government Programs)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7878	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$8.73	2019-11-19	Common Stock (35000)		Direct
Employee Stock Option (Right to Buy)	$8.31	2021-02-21	Common Stock (20788)		Direct
Employee Stock Option (Right to Buy)	$7.56	2022-03-01	Common Stock (17778)		Direct
Employee Stock Option (Right to Buy)	$7.41	2022-09-01	Common Stock (100000)		Direct

Footnotes

F1: The security represents restricted stock units granted to the reporting person for services rendered. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer.

F2: The shares underlying this restricted stock unit award vest over a period of four years, with 25% of the shares underlying the award vesting on March 1, 2013, the first anniversary of the date of grant, and the remainder vests in 12 equal quarterly installments thereafter, subject to the reporting person's continuous service with the issuer as of the applicable vesting date.

F3: The option vests over a period of four years, with 25% of the shares underlying the option vesting on November 19, 2010, the first anniversary of the date of grant, and the remainder vests in 12 equal quarterly installments thereafter, subject to the reporting person's continuous service with the issuer as of the applicable vesting date.

F4: The option vests over a period of four years, with 25% of the shares underlying the option vesting on February 21, 2012, the first anniversary of the date of grant, and the remainder vests in 12 equal quarterly installments thereafter, subject to the reporting person's continuous service with the issuer as of the applicable vesting date.

F5: The option vests over a period of four years, with 25% of the shares underlying the option vesting on March 1, 2013, the first anniversary of the date of grant, and the remainder vests in 12 equal quarterly installments thereafter, subject to the reporting person's continuous service with the issuer as of the applicable vesting date.

F6: The option vests over a period of four years, with 25% of the shares underlying the option vesting on September 1, 2013, the first anniversary of the date of grant, and the remainder vests in 12 equal quarterly installments thereafter, subject to the reporting person's continuous service with the issuer as of the applicable vesting date.