4//SEC Filing
Gibson Denise W. 4
Accession 0001140361-21-000265
CIK 0001361983other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 8:59 PM ET
Size
8.8 KB
Accession
0001140361-21-000265
Insider Transaction Report
Form 4
ORBCOMM Inc.ORBC
Gibson Denise W.
Director
Transactions
- Award
Restricted Stock Unit (Time Vested)
2021-01-04+14,598→ 14,598 totalExercise: $0.00→ Common Stock (14,598 underlying) - Exercise/Conversion
Common Stock
2021-01-01+24,449→ 38,515 total - Exercise/Conversion
Restricted Stock Unit (Time Vested)
2021-01-01−24,449→ 0 totalExercise: $0.00→ Common Stock (24,449 underlying)
Footnotes (2)
- [F1]Each Time Vested Restricted Stock Unit ("TV RSU") represented the right to receive one share of ORBCOMM Inc. ("Company") common stock or its cash equivalent, all of which vested on January 1, 2021.
- [F2]Each TV RSU represents the right to receive one share of Company 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 4, 2021 of $6.85 per share. The TV RSUs vest on January 1, 2022.
Documents
Issuer
ORBCOMM Inc.
CIK 0001361983
Entity typeother
Related Parties
1- filerCIK 0001522440
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 8:59 PM ET
- Size
- 8.8 KB