Matthew J. Desch - Nov 4, 2022 Form 4 Insider Report for Iridium Communications Inc. (IRDM)

Role: Chief Executive Officer, Director
Signature: /s/Brian Leaf, Attorney-in-Fact
Stock symbol: IRDM
Transactions as of: Nov 4, 2022
Transactions value $: -$650,145
Form type: 4
Date filed: 11/8/2022, 04:27 PM
Previous filing: Nov 3, 2022
Next filing: Dec 5, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IRDM	Common Stock	Sale	-$5.2K	-100	-0.01%	$51.95	712K	Nov 4, 2022	Direct	F1
transaction	IRDM	Common Stock	Sale	-$645K	-12.4K	-1.73%	$52.21	700K	Nov 7, 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.