Kelleher Timothy 4
4 · ORBCOMM Inc. · Filed Nov 6, 2019
Insider Transaction Report
Form 4
ORBCOMM Inc.ORBC
Kelleher Timothy
Director
Transactions
- Purchase
Common Stock
2019-11-04$4.33/sh+15,000$65,010→ 115,149 total
Holdings
- 11,750
Restricted Stock Unit (Time Vested)
Exercise: $0.00→ Common Stock (11,750 underlying)
Footnotes (1)
- [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 $100,000 by the closing price of ORBCOMM Inc. common stock on January 2, 2019 of $8.51 per share. The TV RSUs vest on January 1, 2020.