Iridium Communications Inc. — Director's Dealing 2022

Nov 3, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Iridium Communications Inc. (IRDM)
CIK: 0001418819
Period of Report: 2022-11-01

Reporting Person: FITZPATRICK THOMAS (Director, Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-11-01	Common Stock	M	61619	$6.52	Acquired	210797	Direct
2022-11-01	Common Stock	S	61619	$52.00	Disposed	149178	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-11-01	Employee Stock Option (Right to Buy)	$6.52	M	61619	Disposed	2024-03-01	Common Stock (61619)	Direct

Footnotes

F1: This exercise and subsequent sales were made pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on February 24, 2022.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.00 to $52.06, 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 Form 4.

F3: This option vested and became exercisable as to 25% of the shares of common stock underlying the option on March 1, 2015 and then quarterly thereafter in equal installments on each June 1, September 1, December 1 and March 1, such that the option was fully vested on March 1, 2018.