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Iridium Communications Inc. Director's Dealing 2017

Sep 6, 2017

31757_dirs_2017-09-06_8b263fab-b658-4c1a-bb67-e6e49e0145cf.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: 2017-09-01

Reporting Person: Kapalka Timothy (VP Iridium Satellite LLC)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-09-01 Employee Stock Option (Right to Buy) $11.25 A 50000 Acquired 2027-09-01 Common Stock (50000) Direct

Footnotes

F1: 25% of the shares underlying the option shall vest on September 1, 2018 and the remainder shall vest in equal quarterly installments thereafter on each December 1, March 1, June 1 and September 1, so that all shares of common stock shall be vested as of September 1, 2021, subject to the reporting person's continuous service with the issuer as of each such vesting date.