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Iridium Communications Inc. Director's Dealing 2019

Nov 6, 2019

31757_dirs_2019-11-06_88ce42ec-0ddf-4ed8-a5a3-a97b2d844d9d.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: 2019-11-04

Reporting Person: Hartin Bryan J. (EVP-Sales and Marketing)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-11-04 Common Stock M 60000 $6.72 Acquired 146733 Direct
2019-11-04 Common Stock M 52816 $6.52 Acquired 199549 Direct
2019-11-04 Common Stock S 112816 $25.37 Disposed 86733 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-11-04 Employee Stock Option (Right to Buy) $6.72 M 60000 Disposed 2023-01-01 Common Stock (60000) Direct
2019-11-04 Employee Stock Option (Right to Buy) $6.52 M 52816 Disposed 2024-03-01 Common Stock (52816) Direct

Footnotes

F1: Price reflected is the weighted-average sale price for shares sold. The range of sale prices for the transactions reported was $25.23 to $25.52 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: Immediately exercisable.