Wood John Robert 4
4 · ORBCOMM Inc. · Filed Feb 3, 2010
Insider Transaction Report
Form 4
ORBCOMM Inc.ORBC
Wood John Robert
Director
Transactions
- Award
Restricted Stock Unit (Time Vested)
2010-02-01+13,215→ 13,215 total
Footnotes (1)
- [F1]Each time vested Restricted Stock Unit ("RSU") represents the right to receive one share of common stock. The number of RSUs was determined by dividing $30,000 by the closing price of ORBCOMM Inc. common stock on February 1, 2010 of $2.27 per share. The RSUs vest on January 1, 2011.