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: 1/5/2021ACC: 0001140361-21-000263
+14.60K
Net shares
Net buyer
$0.00
Total acquired
0
Open market trades
0B · 0S
3
Total transactions
39.05K acquired · 24.45K disposed
Non-Derivative Transactions1
Common Stock
Direct
Shares
+24.45K
Price / share
—
Trade value
—
% of position
2.9%
1/1/2021
855.72K→880.16K
Total
Net shares
+24.45K
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 1/1/2021 | M · Option Exercise | +24.45K | — | — | 2.9% | 855.72K | 880.16K |
| Total | +24.45K | $0.00 | ||||||
Derivative Transactions2
Restricted Stock Unit (Time Vested)
Direct
Converts to
Common Stock
24.45K shares
Shares
−24.45K
Strike price
0
Held after
0.00
Exercisable
—
1/1/2021
Restricted Stock Unit (Time Vested)
Direct
Converts to
Common Stock
14.60K shares
Shares
+14.60K
Strike price
0
Held after
14.60K
Exercisable
—
1/4/2021
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Unit (Time Vested) Direct | Common Stock24.45K shares | 1/1/2021 | M · Option Exercise | −24.45K | 0 | — | 0.00 |
| Restricted Stock Unit (Time Vested) Direct | Common Stock14.60K shares | 1/4/2021 | A · Award | +14.60K | 0 | — | 14.60K |
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 | ||||