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Iridium Communications Inc. Director's Dealing 2021

Aug 4, 2021

31757_dirs_2021-08-04_3cb14503-edb6-4f52-a2d6-b575ed0fbb42.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: 2021-08-02

Reporting Person: NIEHAUS ROBERT H (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-08-02 Common Stock M 13754 $7.19 Acquired 349472.8 Direct
2021-08-02 Common Stock M 15557 $6.86 Acquired 365029.8 Direct
2021-08-02 Common Stock S 29311 $42.09 Disposed 335718.8 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-08-02 Stock Option (Right to Buy) $7.19 M 13754 Disposed 2022-01-05 Common Stock (13754) Direct
2021-08-02 Stock Option (Right to Buy) $6.86 M 15557 Disposed 2023-01-04 Common Stock (15557) Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.90 to $42.42, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

F2: This option is fully vested and exercisable. The shares underlying this option vested in four equal quarterly installments on the last day of each calendar quarter during 2012.

F3: This option is fully vested and exercisable. The shares underlying this option vested in four equal quarterly installments on the last day of each calendar quarter during 2013.