Delepine Didier J 4
4 · ORBCOMM Inc. · Filed Jan 4, 2018
Insider Transaction Report
Form 4
ORBCOMM Inc.ORBC
Delepine Didier J
Director
Transactions
- Exercise/Conversion
Common Stock
2018-01-01+9,324→ 111,718 total - Exercise/Conversion
Restricted Stock Unit (Time Vested)
2018-01-01−9,324→ 0 totalExercise: $0.00→ Common Stock (9,324 underlying) - Award
Restricted Stock Unit (Time Vested)
2018-01-02+7,790→ 7,790 totalExercise: $0.00→ Common Stock (7,790 underlying)
Footnotes (2)
- [F1]Shares of ORBCOMM Inc. common stock underlying Time Vested Restricted Stock Units ("TV RSUs") that vested on January 1, 2018.
- [F2]Each TV RSU represents the right to receive one share of common stock or its cash equivalent. The number of TV RSUs was determined by dividing $80,000 by the closing price of ORBCOMM Inc. common stock on January 2, 2018 of $10.27 per share. The TV RSUs vest on January 1, 2019.