MATTHEW J. DESCH - 04 Nov 2022 Form 4 Insider Report for Iridium Communications Inc. (IRDM)

Role: Chief Executive Officer, Director
Signature: /s/Brian Leaf, Attorney-in-Fact
Issuer symbol: IRDM
Transactions as of: 04 Nov 2022
Net transactions value: -$650,145
Form type: 4
Filing time: 08 Nov 2022, 16:27:16 UTC
Previous filing: 03 Nov 2022
Next filing: 05 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IRDM	Common Stock	Sale	$5,195	-100	-0.01%	$51.95	712,315	04 Nov 2022	Direct	F1
transaction	IRDM	Common Stock	Sale	$644,950	-12,353	-1.7%	$52.21	699,962	07 Nov 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These sales were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 29, 2022.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.95 to $52.82, 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.

Content

These sales were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 29, 2022.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.95 to $52.82, 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.