RITONDARO GARY H 4
4 · ORBCOMM Inc. · Filed Aug 2, 2018
Insider Transaction Report
Form 4
ORBCOMM Inc.ORBC
RITONDARO GARY H
Director
Transactions
- Award
Restricted Stock Unit (Time Vested)
2018-08-01+2,109→ 2,109 totalExercise: $0.00→ Common Stock (2,109 underlying)
Holdings
- 111,718
Common Stock
- 7,790
Restricted Stock Unit (Time Vested)
Exercise: $0.00→ Common Stock (7,790 underlying)
Footnotes (2)
- [F1]Each Time Vested Restricted Stock Unit ("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 $20,000 by the closing price of ORBCOMM Inc common stock on August 1, 2018 of $9.48 per share. The TV RSUs vest on January 1, 2019.
- [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.