MILCOS CONSTANTINE (Sr VP CAO & Interim CFO) sold 14.1% of their position (15.37K shares) of ORBCOMM INC. on the open market

Open‑market sale worth $114.2K — a moderate reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale

MILCOS CONSTANTINE

Filed: 1/5/2021ACC: 0001140361-21-000277

InsiderMILCOS CONSTANTINECIK 1587912

→

IssuerORBCOMM INC.CIK 1361983

Officer· Sr VP CAO & Interim CFO

Since Jul 2018

-15.37K

Net shares

Net seller

$114.2K

Total sold

Open market trades

0B · 1S

Total transactions

43.92K acquired · 59.30K disposed

Non-Derivative Transactions3

Common Stock

Direct

M · Option Exercise

+5.66K

Price / share

$7.42

Trade value

$42K

% of position

8.7%

12/31/2020

65.20K→70.86K

Common Stock

Direct

M · Option Exercise

+38.27K

Price / share

—

Trade value

—

% of position

54.0%

1/1/2021

70.86K→109.12K

Common Stock

Direct

S · Sale

−15.37K

Price / share

$7.43

Trade value

$114.21K

% of position

14.1%

1/5/2021

109.12K→93.75K

Total

Net shares

+28.55K

Net value

-$72.21K

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	8.7%	65.20K	70.86K
Common Stock Direct	1/1/2021	M · Option Exercise	+38.27K	—	—	54.0%	70.86K	109.12K
Common Stock Direct	1/5/2021	S · Sale	−15.37K	$7.43	$114.21K	14.1%	109.12K	93.75K
Total			+28.55K		-$72.21K

Derivative Transactions3

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 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

38.27K shares

−38.27K

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 Stock0.00 shares	12/31/2020	J · J	−0.00		—
Restricted Stock Unit (Time Vested) Direct	Common Stock38.27K shares	1/1/2021	M · Option Exercise	−38.27K	0	—

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)8

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 (Time Vested)

Direct

Underlying security

Common Stock

Underlying shares

24.31K

Shares owned

24.31K

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

6.10K

Shares owned

6.10K

Exercise price

6.6

Expiration

—

Exercise window

—

Stock Appreciation Right

Direct

Underlying security

Common Stock

Underlying shares

6.10K

Shares owned

6.10K

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

—

Restricted Stock Unit (Performance Vested)

Direct

Underlying security

Common Stock

Underlying shares

24.31K

Shares owned

24.31K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Unit (Performance Vested)

Direct

Underlying security

Common Stock

Underlying shares

38.27K

Shares owned

38.27K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

99.09K

Owned

99.09K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Performance Right (Performance Unit Award) Direct	Common Stock		—	—	N/A	0.00
Restricted Stock Unit (Time Vested) Direct	Common Stock	0	—	—	24.31K	24.31K
Performance Right (Performance Unit Award) Direct	Common Stock		—	—	N/A	0.00
Stock Appreciation Right Direct	Common Stock	6.6	—	—	6.10K	6.10K
Stock Appreciation Right Direct	Common Stock	5.92	—	—	6.10K	6.10K
Performance Right (Performance Unit Award) Direct	Common Stock		—	—	N/A	0.00
Restricted Stock Unit (Performance Vested) Direct	Common Stock	0	—	—	24.31K	24.31K
Restricted Stock Unit (Performance Vested) Direct	Common Stock	0	—	—	38.27K	38.27K
Total					99.09K	99.09K