ORBCOMM Inc. 4
4 · ORBCOMM Inc. · Filed Jan 6, 2016
Insider Transaction Report
Form 4
ORBCOMM Inc.ORBC
Delepine Didier J
Director
Transactions
- Award
Restricted Stock Unit (Time Vested)
2016-01-04+10,989→ 10,989 total
Holdings
- 91,405
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 4, 2016 of $7.28 per share. The RSUs vest on January 1, 2017.
- [F2]Includes 12,214 shares underlying time vested RSUs that vested on January 1, 2016.