ORBCOMM Inc. 4
4 · ORBCOMM Inc. · Filed Jan 3, 2014
Insider Transaction Report
Form 4
ORBCOMM Inc.ORBC
RITONDARO GARY H
Director
Transactions
- Award
Restricted Stock Unit (Time Vested)
2014-01-02+8,051→ 8,051 total
Holdings
- 71,140
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, 2014 of $6.21 per share. The RSUs vest on January 1, 2015.
- [F2]Includes 13,054 shares underlying time vested RSUs that vested on January 1, 2014.