Iridium Communications Inc. — Director's Dealing 2016

Jan 8, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Iridium Communications Inc. (IRDM)
CIK: 0001418819
Period of Report: 2016-01-06

Reporting Person: Krongard A B (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-01-06	Common Stock	A	10856.4	$0.00	Acquired	47066.1	Direct
2016-01-06	Common Stock	A	8745.5	$8.29	Acquired	55811.6	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	115233	Indirect

Footnotes

F1: This security represents restricted stock units. 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 in four equal quarterly installments on the last day of each calendar quarter during 2016, subject to the reporting person's continued service with the issuer.

F3: The restricted stock units were issued to the reporting person pursuant to the issuer's director compensation plan.

F4: The restricted stock units were issued to the reporting person pursuant to the issuer's director compensation plan in lieu of (i) annual cash retainer fees of $50,000, and (ii) committee and committee chair fees in the aggregate amount of $22,500.

F5: These shares are held in a trust for the benefit of the reporting person's children. The reporting person's spouse is trustee of the trust. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.