ORBCOMM Inc. 4
4 · ORBCOMM Inc. · Filed Jan 6, 2015
Insider Transaction Report
Form 4
ORBCOMM Inc.ORBC
Delepine Didier J
Director
Transactions
- Award
Restricted Stock Unit (Time Vested)
2015-01-02+12,214→ 12,214 total
Holdings
- 79,191
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 $80,000 by the closing price of ORBCOMM Inc. common stock on January 2, 2015 of $6.55 per share. The RSUs vest on January 1, 2016.
- [F2]Includes 8,051 shares underlying time vested RSUs that vested on January 1, 2015.