Iridium Communications Inc. — Director's Dealing 2019

Jan 23, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Iridium Communications Inc. (IRDM)
CIK: 0001418819
Period of Report: 2019-01-22

Reporting Person: Smith S. Scott (Director, Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-01-22	Common Stock	M	3500	$8.31	Acquired	219967	Direct
2019-01-22	Common Stock	S	3500	$19.16	Disposed	216467	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-01-22	Employee Stock Option (Right to Buy)	$8.31	M	3500	Disposed	2021-02-21	Common Stock (3500)	Direct

Footnotes

F1: These exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 8, 2018.

F2: The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $19.00 to $19.52, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F3: Immediately exercisable.