Iridium Communications Inc. — Director's Dealing 2019

May 17, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Iridium Communications Inc. (IRDM)
CIK: 0001418819
Period of Report: 2019-05-15

Reporting Person: Baralonco Ltd (10% Owner)
Reporting Person: bin Abdullah bin Abdulrahman Khalid (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-15	Common Stock	C	669120	—	Acquired	13599230	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-05-15	6.75% Series B Cumulative Perpetual Convertible Preferred St	$	C	20000	Disposed		Common Stock (669120)	Direct

Footnotes

F1: The Issuer caused the mandatory conversion of 6.75% Series B Cumulative Perpetual Convertible Preferred Stock into shares of Common Stock on May 15, 2019, at a conversion price of approximately $7.47 per share (equivalent to a conversion rate of 33.456 shares of Common Stock for each share of 6.75% Series B Cumulative Perpetual Convertible Preferred Stock). Upon the mandatory conversion of such Convertible Stock, accrued and unpaid dividends were paid in cash by the Issuer.

F2: These securities have no stated expiration date.

F3: This Form 4 is a joint filing with the sole owner of Baralonco Limited, Khalid bin Abdullah bin Abdulrahman, at the same business address. The joint filer is the indirect owner of the same shares as to which Baralonco Limited is the direct owner.