Iridium Communications Inc. — Director's Dealing 2023

Feb 24, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Iridium Communications Inc. (IRDM)
CIK: 0001418819
Period of Report: 2023-02-22

Reporting Person: WEST BARRY (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-22	Common Stock	M	19736	$8.49	Acquired	67918.7	Direct
2023-02-22	Common Stock	S	10900	$62.88	Disposed	57018.7	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-22	Stock Option (Right to Buy)	$8.49	M	19736	Disposed	2024-07-02	Common Stock (19736)	Direct

Footnotes

F1: These sales were for the sole purpose of paying the exercise price of the option reported on Table II of this form and the associated tax withholding obligations.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.66 to $63.13, 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.

F3: Fully vested and immediately exercisable. These options vested as to 6,578 shares on July 2, 2014, 6,578 shares on September 30, 2014, and 6,580 shares on December 31, 2014.