Iridium Communications Inc. — Director's Dealing 2019

Feb 8, 2019

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: Iridium Communications Inc. (IRDM)
CIK: 0001418819
Period of Report: 2018-12-31

Reporting Person: FITZPATRICK THOMAS (Director, Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-11-29	6.75% Series B Cumulative Perpetual Convertible Preferred	$7.47	G	319	Disposed		Common Stock (10672)	Direct

Footnotes

F1: Subject to adjustment upon the occurence of certain events set forth in the Issuer's Certificate of Designations for the 6.75% Series B Cumulative Perpetual Convertible Preferred Stock, which is included as Exhibit 3.1 with the Issuer's Registration Statement on Form 8-A, as filed with the Securities and Exchange Commission on May 14, 2014.

F2: The shares are convertible at any time into shares of the Issuer's common stock at a conversion rate of 33.456 shares of common stock per $250 liquidation preference, which is equivalent to an initial conversion price of approximately $7.47 per share of common stock (subject to adjustment in certain events). There is no expiration date.