STOLTE JOHN J JR (EVP, Technology & Operations) exercised options at ORBCOMM INC.

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

M · 1 exercise

STOLTE JOHN J JR

Filed: 1/3/2020ACC: 0001140361-20-000262

InsiderSTOLTE JOHN J JRCIK 1367780

→

IssuerORBCOMM INC.CIK 1361983

Officer· EVP, Technology & Operations

Since Jul 2018

+19.34K

Net shares

Net buyer

$0.00

Total acquired

Open market trades

0B · 0S

Total transactions

19.34K acquired

Non-Derivative Transactions1

Common Stock

Direct

M · Option Exercise

+9.67K

Price / share

—

Trade value

—

% of position

8.8%

1/1/2020

109.79K→119.46K

Total

Net shares

+9.67K

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	+9.67K	—	—	8.8%	109.79K	119.46K
Total			+9.67K		$0.00

Derivative Transactions4

Performance Right (Performance Unit Award)

Direct

J · J

Converts to

Common Stock

0.00 shares

−0.00

Strike price

Held after

0.00

Exercisable

—

12/31/2019

Performance Right (Performance Unit Award)

Direct

J · J

Converts to

Common Stock

0.00 shares

−0.00

Strike price

Held after

0.00

Exercisable

—

12/31/2019

Performance Right (Performance Unit Award)

Direct

J · J

Converts to

Common Stock

0.00 shares

−0.00

Strike price

Held after

0.00

Exercisable

—

12/31/2019

Restricted Stock Unit (Time Vested)

Direct

M · Option Exercise

Converts to

Common Stock

9.67K shares

+9.67K

Strike price

Held after

0.00

Exercisable

—

1/1/2020

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable
Performance Right (Performance Unit Award) Direct	Common Stock0.00 shares	12/31/2019	J · J	−0.00		—
Performance Right (Performance Unit Award) Direct	Common Stock0.00 shares	12/31/2019	J · J	−0.00		—
Performance Right (Performance Unit Award) Direct	Common Stock0.00 shares	12/31/2019	J · J	−0.00		—
Restricted Stock Unit (Time Vested) Direct	Common Stock9.67K shares	1/1/2020	M · Option Exercise	+9.67K	0	—

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)14

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

23K

Shares owned

23K

Exercise price

6.6

Expiration

—

Exercise window

—

Stock Appreciation Right

Direct

Underlying security

Common Stock

Underlying shares

17.34K

Shares owned

17.34K

Exercise price

3.42

Expiration

—

Exercise window

—

Restricted Stock Unit (Performance Vested)

Direct

Underlying security

Common Stock

Underlying shares

9.67K

Shares owned

9.67K

Exercise price

Expiration

—

Exercise window

—

Stock Appreciation Right

Direct

Underlying security

Common Stock

Underlying shares

15.82K

Shares owned

15.82K

Exercise price

2.46

Expiration

—

Exercise window

—

Stock Appreciation Right

Direct

Underlying security

Common Stock

Underlying shares

75K

Shares owned

75K

Exercise price

2.46

Expiration

—

Exercise window

—

Restricted Stock Unit (Performance Vested)

Direct

Underlying security

Common Stock

Underlying shares

22.32K

Shares owned

22.32K

Exercise price

Expiration

—

Exercise window

—

Stock Appreciation Right

Direct

Underlying security

Common Stock

Underlying shares

13.75K

Shares owned

13.75K

Exercise price

3.65

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

50K

Shares owned

50K

Exercise price

2.74

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

23K

Shares owned

23K

Exercise price

5.92

Expiration

—

Exercise window

—

Restricted Stock Unit (Time Vested)

Direct

Underlying security

Common Stock

Underlying shares

22.32K

Shares owned

22.32K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

312.23K

Owned

312.23K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Appreciation Right Direct	Common Stock	3.53	—	—	40K	40K
Stock Appreciation Right Direct	Common Stock	6.6	—	—	23K	23K
Stock Appreciation Right Direct	Common Stock	3.42	—	—	17.34K	17.34K
Restricted Stock Unit (Performance Vested) Direct	Common Stock	0	—	—	9.67K	9.67K
Stock Appreciation Right Direct	Common Stock	2.46	—	—	15.82K	15.82K
Stock Appreciation Right Direct	Common Stock	2.46	—	—	75K	75K
Restricted Stock Unit (Performance Vested) Direct	Common Stock	0	—	—	22.32K	22.32K
Stock Appreciation Right Direct	Common Stock	3.65	—	—	13.75K	13.75K
Performance Right (Performance Unit Award) Direct	Common Stock		—	—	N/A	0.00
Stock Appreciation Right Direct	Common Stock	2.74	—	—	50K	50K
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	5.92	—	—	23K	23K
Restricted Stock Unit (Time Vested) Direct	Common Stock	0	—	—	22.32K	22.32K
Total					312.23K	312.23K