Iridium Communications Inc. — Director's Dealing 2022

Nov 8, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Iridium Communications Inc. (IRDM)
CIK: 0001418819
Period of Report: 2022-11-07

Reporting Person: Kapalka Timothy (CAO Iridium Satellite LLC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-11-07	Common Stock	M	6250	$11.25	Acquired	26146	Direct
2022-11-07	Common Stock	S	6250	$52.50	Disposed	19896	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-11-07	Employee Stock Option (Right to Buy)	$11.25	M	6250	Disposed	2027-09-01	Common Stock (6250)	Direct

Footnotes

F1: This exercise and corresponding sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 29, 2021, as amended on September 15, 2022.

F2: The shares underlying the portion of the option exercised and reported herein vested and became exercisable in two equal quarterly installments on June 1, 2021 and September 1, 2021, such that all of the shares subject to the option were fully vested on September 1, 2021.