Delepine Didier J 4
4 · ORBCOMM Inc. · Filed Feb 3, 2011
Insider Transaction Report
Form 4
ORBCOMM Inc.ORBC
Delepine Didier J
Director
Transactions
- Award
Restricted Stock Unit (Time Vested)
2011-02-01+10,000→ 10,000 total
Holdings
- 39,683
Common Stock
Footnotes (2)
- [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, 2011 of $3.00 per share. The RSUs vest on January 1, 2012.
- [F2]Includes 13,215 shares underlying time vested RSUs that vested on January 1, 2011.