SEC Form 4 · accession 0001209191-18-053790

Iridium Communications Inc. · IRDM

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Operating Officer · Director

Period of report

Oct 1, 2018

Accepted (ET)

Oct 3, 2018 · 4:14 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001418819

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock	Oct 1, 2018	M	3,500	$8.31	A	221,034	D
Common Stock^F2	Oct 1, 2018	S	2,700	$22.82	D	218,334	D
Common Stock^F3	Oct 1, 2018	S	800	$23.95	D	217,534	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (Right to Buy)^F4	$8.31	Oct 1, 2018	M	3,500	D	—	Feb 21, 2021	Common Stock	3,500	76,000	D

F1These exercises and sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 8, 2018.
F2The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $22.52 to $23.19, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $23.63 to $24.00, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F4Immediately exercisable.