Delepine Didier J 4
4 · ORBCOMM Inc. · Filed Feb 13, 2012
Insider Transaction Report
Form 4
ORBCOMM Inc.ORBC
Delepine Didier J
Director
Transactions
- Award
Restricted Stock Unit (Time Vested)
2012-02-01+8,403→ 8,403 total
Holdings
- 49,683
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, 2012 of $3.57 per share. The RSUs vest on January 1, 2013.
- [F2]Includes 10,000 shares underlying time vested RSUs that vested on January 1, 2012.