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Iridium Communications Inc. Director's Dealing 2019

Nov 4, 2019

31757_dirs_2019-11-04_4797dfc8-65e2-4a3e-9e71-23c391244979.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: 2019-11-01

Reporting Person: Krongard A B (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-11-01 Common Stock M 29536 $7.79 Acquired 205403.4 Direct
2019-11-01 Common Stock S 9520 $24.63 Disposed 195883.4 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-11-01 Employee Stock Option (Right to Buy) $7.79 M 29536 Disposed 2020-01-06 Common Stock (29536) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 160983 Indirect

Footnotes

F1: Price reflected is the weighted-average sales price for shares sold. The range of the sales prices for the transaction reported was $24.50 to $24.73 per share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

F2: 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.

F3: Immediately exercisable.