4//SEC Filing
Fuchs Marco 4
Accession 0001140361-21-000261
CIK 0001361983other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 8:56 PM ET
Size
10.8 KB
Accession
0001140361-21-000261
Insider Transaction Report
Form 4
ORBCOMM Inc.ORBC
Fuchs Marco
Director
Transactions
- Exercise/Conversion
Restricted Stock Unit (Time Vested)
2021-01-01−24,449→ 0 totalExercise: $0.00→ Common Stock (24,449 underlying) - 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→ 24,449 total
Holdings
- 60,324(indirect: By ORBCOMM Deutschland A.G.)
Common Stock
- 2,168,779(indirect: By OHB SE)
Common Stock
Footnotes (3)
- [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]Marco Fuchs, one of our directors, is Chief Executive Officer of OHB SE (formerly named OHB Technology A.G.), which owns ORBCOMM Deutschland A.G. Manfred Fuchs, Marco Fuchs and Christa Fuchs hold voting and investment power with regard to the shares held by OHB SE and ORBCOMM Deutschland A.G. Each of Manfred Fuchs, Marco Fuchs and Christa Fuchs disclaims beneficial ownership of the shares held by OHB SE and ORBCOMM Deutschland A.G. except to the extent of their respective pecuniary interest therein.
- [F3]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 0001367779
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 8:56 PM ET
- Size
- 10.8 KB