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Iridium Communications Inc. Director's Dealing 2023

May 5, 2023

31757_dirs_2023-05-05_e8048878-09ed-48b0-9ea0-f0ff1c8e2cd3.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: 2023-05-03

Reporting Person: Hartin Bryan J. (EVP-Sales and Marketing)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-05-03 Common Stock M 11335 $9.45 Acquired 92936 Direct
2023-05-03 Common Stock S 27835 $64.80 Disposed 65101 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-05-03 Employee Stock Option (Right to Buy) $9.45 M 11335 Disposed 2025-03-02 Common Stock (11335) 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 $64.50 to $65.42, 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 Form 4.

F2: 25% of the shares of common stock underlying the option vested and became exercisable on March 1, 2016 and quarterly thereafter in equal installments on June 1, September 1 and December 1 so that all shares of common stock underlying the option vested and became exercisable on March 1, 2019.