EISENBERG JEROME B exercised options at ORBCOMM INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 2 exercises

EISENBERG JEROME B

Filed: 1/3/2019ACC: 0001140361-19-000310

InsiderEISENBERG JEROME BCIK 1368678

→

IssuerORBCOMM INC.CIK 1361983

Director

Since Jul 2018

+11.75K

Net shares

Net buyer

$0.00

Total acquired

Open market trades

0B · 0S

Total transactions

21.65K acquired · 9.90K disposed

Non-Derivative Transactions2

Common Stock

Direct

M · Option Exercise

+2.11K

Price / share

—

Trade value

—

% of position

0.2%

1/1/2019

920.65K→922.75K

Common Stock

Direct

M · Option Exercise

+7.79K

Price / share

—

Trade value

—

% of position

0.8%

1/1/2019

922.75K→930.54K

Total

Net shares

+9.90K

Net value

$0.00

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	1/1/2019	M · Option Exercise	+2.11K	—	—	0.2%	920.65K	922.75K
Common Stock Direct	1/1/2019	M · Option Exercise	+7.79K	—	—	0.8%	922.75K	930.54K
Total			+9.90K		$0.00

Derivative Transactions3

Restricted Stock Unit (Time Vested)

Direct

M · Option Exercise

Converts to

Common Stock

2.11K shares

−2.11K

Strike price

Held after

0.00

Exercisable

—

1/1/2019

Restricted Stock Unit (Time Vested)

Direct

M · Option Exercise

Converts to

Common Stock

7.79K shares

−7.79K

Strike price

Held after

0.00

Exercisable

—

1/1/2019

Restricted Stock Unit (Time Vested)

Direct

A · Award

Converts to

Common Stock

11.75K shares

+11.75K

Strike price

Held after

11.75K

Exercisable

—

1/2/2019

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Unit (Time Vested) Direct	Common Stock2.11K shares	1/1/2019	M · Option Exercise	−2.11K	—	0.00
Restricted Stock Unit (Time Vested) Direct	Common Stock7.79K shares	1/1/2019	M · Option Exercise	−7.79K	—	0.00
Restricted Stock Unit (Time Vested) Direct	Common Stock11.75K shares	1/2/2019	A · Award	+11.75K	—	11.75K

Non-Derivative Holdings (Post-Transaction)1

Common Stock

Indirect

Shares owned15.76K

Total

15.76K indirect15.76K

Security Title	Shares Owned	Ownership Type
Common Stock	15.76K	Indirect
Total	15.76K	15.76K indirect

Derivative Holdings (Post-Transaction)1

Stock Appreciation Right

Direct

Underlying security

Common Stock

Underlying shares

30K

Shares owned

30K

Exercise price

8.58

Expiration

—

Exercise window

—

Total

Underlying

30K

Owned

30K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Appreciation Right Direct	Common Stock	8.58	—	—	30K	30K
Total					30K	30K