0001140361-19-000315.txt : 20190103
0001140361-19-000315.hdr.sgml : 20190103
20190103193214
ACCESSION NUMBER: 0001140361-19-000315
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190101
FILED AS OF DATE: 20190103
DATE AS OF CHANGE: 20190103
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Gould Karen O.
CENTRAL INDEX KEY: 0001743533
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33118
FILM NUMBER: 19507897
MAIL ADDRESS:
STREET 1: C/O ORBCOMM INC. 395 W. PASSAIC STREET
CITY: ROCHELLE PARK
STATE: NJ
ZIP: 07662
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ORBCOMM Inc.
CENTRAL INDEX KEY: 0001361983
STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899]
IRS NUMBER: 412118289
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 395 W PASSAIC STREET, SUITE 325
CITY: ROCHELLE PARK
STATE: NJ
ZIP: 07662
BUSINESS PHONE: 703-433-6300
MAIL ADDRESS:
STREET 1: 395 W PASSAIC STREET, SUITE 325
CITY: ROCHELLE PARK
STATE: NJ
ZIP: 07662
4
1
form4.xml
FORM 4
X0306
4
2019-01-01
0001361983
ORBCOMM Inc.
ORBC
0001743533
Gould Karen O.
C/O ORBCOMM INC.
395 W. PASSAIC STREET, SUITE 325
ROCHELLE PARK
NJ
07662
true
Common Stock
2019-01-01
4
M
0
2109
0
A
2109
D
Common Stock
2019-01-01
4
M
0
4226
0
A
6335
D
Restricted Stock Unit (Time Vested)
0
2019-01-01
4
M
0
2109
0
D
Common Stock
2109
0
D
Restricted Stock Unit (Time Vested)
0
2019-01-01
4
M
0
4226
0
D
Common Stock
4226
0
D
Restricted Stock Unit (Time Vested)
0
2019-01-02
4
A
0
11750
0
A
Common Stock
11750
11750
D
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.
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.
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.
/s/ Christian Le Brun, by power of attorney
2019-01-03