ORBCOMM Inc. 4
4 · ORBCOMM Inc. · Filed Jan 3, 2013
Insider Transaction Report
Form 4
ORBCOMM Inc.ORBC
RITONDARO GARY H
Director
Transactions
- Award
Restricted Stock Unit (Time Vested)
2013-01-02+13,054→ 13,054 total
Holdings
- 58,086
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 $50,000 by the closing price of ORBCOMM Inc. common stock on January 2, 2013 of $3.83 per share. The RSUs vest on January 1, 2014.
- [F2]Includes 8,403 shares underlying time vested RSUs that vested on January 1, 2013. Remarks: Exhibit 24 - Power of Attorney