4//SEC Filing
Gould Karen O. 4
Accession 0001140361-18-035232
CIK 0001361983other
Filed
Aug 1, 8:00 PM ET
Accepted
Aug 2, 5:27 PM ET
Size
6.8 KB
Accession
0001140361-18-035232
Insider Transaction Report
Form 4
ORBCOMM Inc.ORBC
Gould Karen O.
Director
Transactions
- Award
Restricted Stock Unit (Time Vested)
2018-08-01+2,109→ 2,109 totalExercise: $0.00→ Common Stock (2,109 underlying)
Holdings
- 4,226
Restricted Stock Unit (Time Vested)
Exercise: $0.00→ Common Stock (4,226 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 ORBCOMM Inc. 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 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 vest on January 1, 2019.
Documents
Issuer
ORBCOMM Inc.
CIK 0001361983
Entity typeother
Related Parties
1- filerCIK 0001743533
Filing Metadata
- Form type
- 4
- Filed
- Aug 1, 8:00 PM ET
- Accepted
- Aug 2, 5:27 PM ET
- Size
- 6.8 KB