Iridium Communications Inc. — Director's Dealing 2025

Jan 14, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Iridium Communications Inc. (IRDM)
CIK: 0001418819
Period of Report: 2025-01-10

Reporting Person: FITZPATRICK THOMAS (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-01-10	Common Stock	M	12500	$9.45	Acquired	253530	Direct
2025-01-10	Common Stock	S	12500	$28.53	Disposed	241030	Direct
2025-01-13	Common Stock	M	34750	$9.45	Acquired	275780	Direct
2025-01-14	Common Stock	M	2320	$9.45	Acquired	278100	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-01-10	Employee Stock Option (Right to Buy)	$9.45	M	12500	Disposed	2025-03-02	Common Stock (12500)	Direct
2025-01-13	Employee Stock Option (Right to Buy)	$9.45	M	34750	Disposed	2025-03-02	Common Stock (34750)	Direct
2025-01-14	Employee Stock Option (Right to Buy)	$9.45	M	2320	Disposed	2025-03-02	Common Stock (2320)	Direct

Footnotes

F1: The reported transactions were made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 15, 2024, as amended.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.37 to $28.71, 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 25% of the total option on March 1, 2016 and then quarterly thereafter in equal installments on each June 1, September 1 and December 1 such that all shares underlying the option fully vested on March 1, 2019.