MALONE CRAIG (EVP of Product Development) sold 14.2% of their position (14.03K shares) of ORBCOMM INC. on the open market

Open‑market sale worth $104.2K — a moderate reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale

MALONE CRAIG

Filed: 1/5/2021ACC: 0001140361-21-000280

InsiderMALONE CRAIGCIK 1581139

→

IssuerORBCOMM INC.CIK 1361983

Officer· EVP of Product Development

Since Jul 2018

+36.99K

Net shares

Net buyer

$104.2K

Total sold

Open market trades

0B · 1S

Total transactions

56.68K acquired · 19.69K disposed

Non-Derivative Transactions3

Common Stock

Direct

M · Option Exercise

+5.66K

Price / share

$7.42

Trade value

$42K

% of position

8.4%

12/31/2020

67.42K→73.08K

Common Stock

Direct

M · Option Exercise

+25.51K

Price / share

—

Trade value

—

% of position

34.9%

1/1/2021

73.08K→98.59K

Common Stock

Direct

S · Sale

−14.03K

Price / share

$7.43

Trade value

$104.21K

% of position

14.2%

1/5/2021

98.59K→84.56K

Total

Net shares

+17.14K

Net value

-$62.21K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	12/31/2020	M · Option Exercise	+5.66K	$7.42	$42K	8.4%	67.42K	73.08K
Common Stock Direct	1/1/2021	M · Option Exercise	+25.51K	—	—	34.9%	73.08K	98.59K
Common Stock Direct	1/5/2021	S · Sale	−14.03K	$7.43	$104.21K	14.2%	98.59K	84.56K
Total			+17.14K		-$62.21K

Derivative Transactions4

Performance Right (Performance Unit Award)

Direct

M · Option Exercise

Converts to

Common Stock

5.66K shares

−5.66K

Strike price

Held after

0.00

Exercisable

—

12/31/2020

Performance Right (Performance Unit Award)

Direct

J · J

Converts to

Common Stock

−0.00

Strike price

Held after

0.00

Exercisable

—

12/31/2020

Performance Right (Performance Unit Award)

Direct

J · J

Converts to

Common Stock

0.00 shares

−0.00

Strike price

Held after

0.00

Exercisable

—

12/31/2020

Restricted Stock Unit (Time Vested)

Direct

M · Option Exercise

Converts to

Common Stock

25.51K shares

+25.51K

Strike price

Held after

0.00

Exercisable

—

1/1/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable
Performance Right (Performance Unit Award) Direct	Common Stock5.66K shares	12/31/2020	M · Option Exercise	−5.66K		—
Performance Right (Performance Unit Award) Direct	Common Stock	12/31/2020	J · J	−0.00		—
Performance Right (Performance Unit Award) Direct	Common Stock0.00 shares	12/31/2020	J · J	−0.00		—
Restricted Stock Unit (Time Vested) Direct	Common Stock25.51K shares	1/1/2021	M · Option Exercise	+25.51K	0	—

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)13

Stock Appreciation Right

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

3.51

Expiration

—

Exercise window

—

Stock Appreciation Right

Direct

Underlying security

Common Stock

Underlying shares

12K

Shares owned

12K

Exercise price

2.73

Expiration

—

Exercise window

—

Stock Appreciation Right

Direct

Underlying security

Common Stock

Underlying shares

18K

Shares owned

18K

Exercise price

5.92

Expiration

—

Exercise window

—

Stock Appreciation Right

Direct

Underlying security

Common Stock

Underlying shares

18K

Shares owned

18K

Exercise price

6.6

Expiration

—

Exercise window

—

Restricted Stock Unit (Time Vested)

Direct

Underlying security

Common Stock

Underlying shares

16.21K

Shares owned

16.21K

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

Shares owned

Exercise price

3.15

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

—

Restricted Stock Unit (Performance Vested)

Direct

Underlying security

Common Stock

Underlying shares

25.51K

Shares owned

25.51K

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

—

Restricted Stock Unit (Performance Vested)

Direct

Underlying security

Common Stock

Underlying shares

16.21K

Shares owned

16.21K

Exercise price

Expiration

—

Exercise window

—

Stock Appreciation Right

Direct

Underlying security

Common Stock

Underlying shares

10K

Shares owned

10K

Exercise price

3.53

Expiration

—

Exercise window

—

Stock Appreciation Right

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

4.2

Expiration

—

Exercise window

—

Total

Underlying

131.92K

Owned

131.92K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Appreciation Right Direct	Common Stock	3.51	—	—	5K	5K
Stock Appreciation Right Direct	Common Stock	2.73	—	—	12K	12K
Stock Appreciation Right Direct	Common Stock	5.92	—	—	18K	18K
Stock Appreciation Right Direct	Common Stock	6.6	—	—	18K	18K
Restricted Stock Unit (Time Vested) Direct	Common Stock	0	—	—	16.21K	16.21K
Performance Right (Performance Unit Award) Direct	Common Stock		—	—	N/A	0.00
Stock Appreciation Right Direct	Common Stock	3.15	—	—	5K	5K
Performance Right (Performance Unit Award) Direct	Common Stock		—	—	N/A	0.00
Restricted Stock Unit (Performance Vested) Direct	Common Stock	0	—	—	25.51K	25.51K
Performance Right (Performance Unit Award) Direct	Common Stock		—	—	N/A	0.00
Restricted Stock Unit (Performance Vested) Direct	Common Stock	0	—	—	16.21K	16.21K
Stock Appreciation Right Direct	Common Stock	3.53	—	—	10K	10K
Stock Appreciation Right Direct	Common Stock	4.2	—	—	6K	6K
Total					131.92K	131.92K