Filing Details
- Accession Number:
- 0001140361-15-033117
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-08-21 17:07:43
- Reporting Period:
- 2015-08-19
- Filing Date:
- 2015-08-21
- Accepted Time:
- 2015-08-21 17:07:43
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1361983 | Orbcomm Inc. | ORBC | Communications Services, Nec (4899) | 412118289 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1379722 | Timothy Kelleher | C/O Orbcomm Inc. 395 W. Passaic Street, Suite 325 Rochelle Park NJ 07662 | Yes | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2015-08-19 | 3,910,433 | $5.55 | 0 | No | 4 | S | Indirect | by CalPERS Corporate Partners, LLC |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | by CalPERS Corporate Partners, LLC |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Restricted Stock Unit (Time Vested) | 12,214 | Direct | |
Common Stock | 57,723 | Direct |
Footnotes
- The manager of CalPERS Corporate Partners, LLC is KMCP Advisors II LLC. Timothy Kelleher is a Managing Partner of KMCP Advisors II LLC. Mr. Kelleher disclaims beneficial ownership of the shares held by CalPERS Corporate Partners, LLC except to the extent of his pecuniary interest therein.
- Each time vested Restricted Stock Unit ("RSU") represents the right to receive one share of common stock. The number of RSUs was determined by dividing $80,000 by the closing price of ORBCOMM Inc. common stock on January 2, 2015 of $6.55 per share. The RSUs vest on January 1, 2016.