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ORBCOMM Inc. director just disposed of 5,000 shares

Jerome B Eisenberg, a director of ORBCOMM Inc., recently disposed of 5,000 shares of the company. The disposals took place at $10.13 per share, on April 01, 2016. Eisenberg still owns 1,050,539 shares of the company. Eisenberg operates out of Rochelle Park, NJ. Some additional info was provided as follows:

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.04 to $10.25, inclusive. The reporting person undertakes to provide to ORBCOMM Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and...