Iridium Communications Inc. — Director's Dealing 2021

Jan 8, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Iridium Communications Inc. (IRDM)
CIK: 0001418819
Period of Report: 2021-01-06

Reporting Person: NIEHAUS ROBERT H (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-06	Common Stock	A	3002	$0.00	Acquired	384337.8	Direct
2021-01-06	Common Stock	A	1381	$41.63	Acquired	385718.8	Direct

Footnotes

F1: This security represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer.

F2: The shares underlying this restricted stock unit award vest on January 6, 2022, subject to the reporting person's continued service with the issuer.

F3: The restricted stock units were issued to the reporting person pursuant to the issuer's director compensation plan.

F4: The restricted stock units were issued to the reporting person pursuant to the issuer's director compensation plan in lieu of (i) board chair fees in the amount of $50,000 and (ii) committee member fees in the amount of $7,500.

F5: The reporting person may also be deemed to be the indirect beneficial owner of shares of common stock currently held by The Robert and Kate Niehaus Foundation, a charitable 501(c)(3) entity. As a tax-exempt organization, no part of the foundation's income can inure to the benefit of a private individual; therefore, the reporting person does not have a pecuniary interest in the foundation's shares and he disclaims any such pecuniary interest for purposes of the reporting requirements under Section 16 of the Securities Exchange Act of 1934, as amended.