EISENBERG JEROME B exercised options at ORBCOMM INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 1/3/2020ACC: 0001140361-20-000228
+24.45K
Net shares
Net buyer
$0.00
Total acquired
0
Open market trades
0B · 0S
3
Total transactions
36.20K acquired · 11.75K disposed
Non-Derivative Transactions1
Common Stock
Direct
Shares
+11.75K
Price / share
—
Trade value
—
% of position
1.3%
1/1/2020
931.83K→943.58K
Total
Net shares
+11.75K
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 1/1/2020 | M · Option Exercise | +11.75K | — | — | 1.3% | 931.83K | 943.58K |
| Total | +11.75K | $0.00 | ||||||
Derivative Transactions2
Restricted Stock Unit (Time Vested)
Direct
Converts to
Common Stock
11.75K shares
Shares
−11.75K
Strike price
0
Held after
0.00
Exercisable
—
1/1/2020
Restricted Stock Unit (Time Vested)
Direct
Converts to
Common Stock
24.45K shares
Shares
+24.45K
Strike price
0
Held after
24.45K
Exercisable
—
1/2/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Unit (Time Vested) Direct | Common Stock11.75K shares | 1/1/2020 | M · Option Exercise | −11.75K | 0 | — | 0.00 |
| Restricted Stock Unit (Time Vested) Direct | Common Stock24.45K shares | 1/2/2020 | A · Award | +24.45K | 0 | — | 24.45K |
Non-Derivative Holdings (Post-Transaction)1
Common Stock
IndirectShares 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
DirectUnderlying 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 | ||||