LE BRUN CHRISTIAN (EVP & General Counsel) exercised options at ORBCOMM INC.

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

M · 1 exercise

LE BRUN CHRISTIAN

Filed: 12/9/2020ACC: 0001140361-20-027890

InsiderLE BRUN CHRISTIANCIK 1373568

→

IssuerORBCOMM INC.CIK 1361983

Officer· EVP & General Counsel

Since Jul 2018

+14.91K

Net shares

Net buyer

$108.0K

Total sold

Open market trades

0B · 0S

Total transactions

49.91K acquired · 35K disposed

Non-Derivative Transactions2

Common Stock

Direct

M · Option Exercise

+17.50K

Price / share

$3.65

Trade value

$63.88K

% of position

14.4%

12/7/2020

121.32K→138.82K

Common Stock

Direct

D · Disposition

−17.50K

Price / share

$6.17

Trade value

$107.97K

% of position

12.6%

12/7/2020

138.82K→121.32K

Total

Net shares

+0.00

Net value

-$44.10K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	12/7/2020	M · Option Exercise	+17.50K	$3.65	$63.88K	14.4%	121.32K	138.82K
Common Stock Direct	12/7/2020	D · Disposition	−17.50K	$6.17	$107.97K	12.6%	138.82K	121.32K
Total			+0.00		-$44.10K

Derivative Transactions4

Restricted Stock Unit (Performance Vested)

Direct

A · Award

Converts to

Common Stock

16.21K shares

+16.21K

Strike price

Held after

16.21K

Exercisable

—

12/7/2020

Restricted Stock Unit (Time Vested)

Direct

A · Award

Converts to

Common Stock

16.21K shares

+16.21K

Strike price

Held after

16.21K

Exercisable

—

12/7/2020

Performance Right (Performance Unit Award)

Direct

A · Award

Converts to

Common Stock

+0.00

Strike price

Held after

0.00

Exercisable

—

12/7/2020

Stock Appreciation Right

Direct

M · Option Exercise

Converts to

Common Stock

17.50K shares

−17.50K

Strike price

3.65

Held after

0.00

Exercisable

—

12/7/2020

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Unit (Performance Vested) Direct	Common Stock16.21K shares	12/7/2020	A · Award	+16.21K	0	—	16.21K
Restricted Stock Unit (Time Vested) Direct	Common Stock16.21K shares	12/7/2020	A · Award	+16.21K	0	—	16.21K
Performance Right (Performance Unit Award) Direct	Common Stock	12/7/2020	A · Award	+0.00		—	0.00
Stock Appreciation Right Direct	Common Stock17.50K shares	12/7/2020	M · Option Exercise	−17.50K	3.65	—	0.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)10

Stock Appreciation Right

Direct

Underlying security

Common Stock

Underlying shares

16.41K

Shares owned

16.41K

Exercise price

3.42

Expiration

—

Exercise window

—

Restricted Stock Unit (Time Vested)

Direct

Underlying security

Common Stock

Underlying shares

25.51K

Shares owned

25.51K

Exercise price

Expiration

—

Exercise window

—

Stock Appreciation Right

Direct

Underlying security

Common Stock

Underlying shares

23K

Shares owned

23K

Exercise price

5.92

Expiration

—

Exercise window

—

Performance Right (Performance Unit Award)

Direct

Underlying security

Common Stock

Underlying shares

N/A

Shares owned

0.00

Exercise price

Expiration

—

Exercise window

—

Performance Right (Performance Unit Award)

Direct

Underlying security

Common Stock

Underlying shares

N/A

Shares owned

0.00

Exercise price

Expiration

—

Exercise window

—

Performance Right (Performance Unit Award)

Direct

Underlying security

Common Stock

Underlying shares

N/A

Shares owned

0.00

Exercise price

Expiration

—

Exercise window

—

Stock Appreciation Right

Direct

Underlying security

Common Stock

Underlying shares

40K

Shares owned

40K

Exercise price

3.53

Expiration

—

Exercise window

—

Stock Appreciation Right

Direct

Underlying security

Common Stock

Underlying shares

50K

Shares owned

50K

Exercise price

2.74

Expiration

—

Exercise window

—

Restricted Stock Unit (Performance Vested)

Direct

Underlying security

Common Stock

Underlying shares

25.51K

Shares owned

25.51K

Exercise price

Expiration

—

Exercise window

—

Stock Appreciation Right

Direct

Underlying security

Common Stock

Underlying shares

23K

Shares owned

23K

Exercise price

6.6

Expiration

—

Exercise window

—

Total

Underlying

203.43K

Owned

203.43K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Appreciation Right Direct	Common Stock	3.42	—	—	16.41K	16.41K
Restricted Stock Unit (Time Vested) Direct	Common Stock	0	—	—	25.51K	25.51K
Stock Appreciation Right Direct	Common Stock	5.92	—	—	23K	23K
Performance Right (Performance Unit Award) Direct	Common Stock		—	—	N/A	0.00
Performance Right (Performance Unit Award) Direct	Common Stock		—	—	N/A	0.00
Performance Right (Performance Unit Award) Direct	Common Stock		—	—	N/A	0.00
Stock Appreciation Right Direct	Common Stock	3.53	—	—	40K	40K
Stock Appreciation Right Direct	Common Stock	2.74	—	—	50K	50K
Restricted Stock Unit (Performance Vested) Direct	Common Stock	0	—	—	25.51K	25.51K
Stock Appreciation Right Direct	Common Stock	6.6	—	—	23K	23K
Total					203.43K	203.43K