Kelleher Timothy 4

4 · ORBCOMM Inc. · Filed Jan 3, 2019

Form 4

Period: 2019-01-01

Director

Transactions

Exercise/Conversion
Restricted Stock Unit (Time Vested)
2019-01-01−7,790→ 0 total
Exercise: $0.00→ Common Stock (7,790 underlying)
Award
Restricted Stock Unit (Time Vested)
2019-01-02+11,750→ 11,750 total
Exercise: $0.00→ Common Stock (11,750 underlying)
Exercise/Conversion
Common Stock
2019-01-01+7,790→ 100,149 total
Exercise/Conversion
Restricted Stock Unit (Time Vested)
2019-01-01−2,109→ 0 total
Exercise: $0.00→ Common Stock (2,109 underlying)
Exercise/Conversion
Common Stock
2019-01-01+2,109→ 92,359 total

Footnotes (3)

[F1]Each Time Vested Restricted Stock Unit ("TV RSU") represented 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. ("Company") common stock on August 1, 2018 of $9.48 per share. The TV RSUs vested on January 1, 2019.
[F2]Each TV RSU represented 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 Company common stock on January 2, 2018 of $10.27 per share. The TV RSUs vested on January 1, 2019.
[F3]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 $100,000 by the closing price of Company common stock on January 2, 2019 of $8.51 per share. The TV RSUs vest on January 1, 2020.

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