Iridium Communications Inc. — Director's Dealing 2019

Nov 6, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Iridium Communications Inc. (IRDM)
CIK: 0001418819
Period of Report: 2019-11-05

Reporting Person: Kapalka Timothy (VP Iridium Satellite LLC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-05	Common Stock	M	25000	$11.25	Acquired	47138	Direct
2019-11-05	Common Stock	S	25000	$25.80	Disposed	22138	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-05	Employee Stock Option (Right to Buy)	$11.25	M	25000	Disposed	2027-09-01	Common Stock (25000)	Direct

Footnotes

F1: The shares underlying the option being reported herein were immediately exercisable. The remaining shares underlying the option shall vest in equal quarterly installments thereafter on each of 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.