Eric T. Olson - Feb 18, 2025 Form 4 Insider Report for Iridium Communications Inc. (IRDM)

Role
Director
Signature
/s/ Brian F. Leaf, Attorney-in-Fact
Stock symbol
IRDM
Transactions as of
Feb 18, 2025
Transactions value $
-$142,181
Form type
4
Date filed
2/19/2025, 04:12 PM
Previous filing
Jan 8, 2025
Next filing
Apr 2, 2025
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 -$169K -4.96K -3.48% $34.03 138K Feb 18, 2025 Direct F1
transaction IRDM Common Stock Options Exercise $26.4K +3.75K +2.73% $7.05 141K Feb 19, 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IRDM Stock Option (Right to Buy) Options Exercise $0 -3.75K -100% $0.00 0 Feb 19, 2025 Common Stock 3.75K $7.05 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.03 to $34.04, 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.
F2 This option is fully vested and immediately exercisable.