Iridium Communications Inc. — Director's Dealing 2017

Sep 1, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Iridium Communications Inc. (IRDM)
CIK: 0001418819
Period of Report: 2017-08-30

Reporting Person: Smith S. Scott (Director, Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-08-30	Common Stock	M	135000	$8.39	Acquired	309000	Direct
2017-08-30	Common Stock	S	135000	$10.51	Disposed	174000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-08-30	Employee Stock Option (right to buy)	$8.39	M	135000	Disposed	2020-04-19	Common Stock (135000)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.425 to $10.60, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.

F2: The option vested on April 19, 2011 with respect to one-quarter of the shares underlying the option, with the remainder vesting in twelve equal quarterly installments through April 19, 2014.