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
  1. 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.
  2. 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.