4//SEC Filing
Gould Karen O. 4
Accession 0001140361-19-000315
CIK 0001361983other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 7:32 PM ET
Size
12.8 KB
Accession
0001140361-19-000315
Insider Transaction Report
Form 4
ORBCOMM Inc.ORBC
Gould Karen O.
Director
Transactions
- Exercise/Conversion
Common Stock
2019-01-01+2,109→ 2,109 total - Exercise/Conversion
Restricted Stock Unit (Time Vested)
2019-01-01−2,109→ 0 totalExercise: $0.00→ Common Stock (2,109 underlying) - Award
Restricted Stock Unit (Time Vested)
2019-01-02+11,750→ 11,750 totalExercise: $0.00→ Common Stock (11,750 underlying) - Exercise/Conversion
Common Stock
2019-01-01+4,226→ 6,335 total - Exercise/Conversion
Restricted Stock Unit (Time Vested)
2019-01-01−4,226→ 0 totalExercise: $0.00→ Common Stock (4,226 underlying)
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 ORBCOMM Inc. 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 June 15, 2018 of $10.32 per share, pro-rated for the number of days between Ms. Gould's election to the Board of Directors on June 15, 2018 and December 31, 2018. 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.
Documents
Issuer
ORBCOMM Inc.
CIK 0001361983
Entity typeother
Related Parties
1- filerCIK 0001743533
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 7:32 PM ET
- Size
- 12.8 KB