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: 12/9/2020ACC: 0001140361-20-027885

InsiderSTOLTE JOHN J JRCIK 1367780

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IssuerORBCOMM INC.CIK 1361983

Officer· EVP, Technology & Operations

Since Jul 2018

+14.61K

Net shares

Net buyer

$84.8K

Total sold

Open market trades

0B · 0S

Total transactions

42.11K acquired · 27.50K disposed

Non-Derivative Transactions2

Common Stock

Direct

M · Option Exercise

+13.75K

Price / share

$3.65

Trade value

$50.19K

% of position

10.6%

12/7/2020

129.95K→143.70K

Common Stock

Direct

D · Disposition

−13.75K

Price / share

$6.17

Trade value

$84.84K

% of position

9.6%

12/7/2020

143.70K→129.95K

Total

Net shares

+0.00

Net value

-$34.65K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	12/7/2020	M · Option Exercise	+13.75K	$3.65	$50.19K	10.6%	129.95K	143.70K
Common Stock Direct	12/7/2020	D · Disposition	−13.75K	$6.17	$84.84K	9.6%	143.70K	129.95K
Total			+0.00		-$34.65K

Derivative Transactions4

Restricted Stock Unit (Performance Vested)

Direct

A · Award

Converts to

Common Stock

14.18K shares

+14.18K

Strike price

Held after

14.18K

Exercisable

—

12/7/2020

Restricted Stock Unit (Time Vested)

Direct

A · Award

Converts to

Common Stock

14.18K shares

+14.18K

Strike price

Held after

14.18K

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

13.75K shares

−13.75K

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 Stock14.18K shares	12/7/2020	A · Award	+14.18K	0	—	14.18K
Restricted Stock Unit (Time Vested) Direct	Common Stock14.18K shares	12/7/2020	A · Award	+14.18K	0	—	14.18K
Performance Right (Performance Unit Award) Direct	Common Stock	12/7/2020	A · Award	+0.00		—	0.00
Stock Appreciation Right Direct	Common Stock13.75K shares	12/7/2020	M · Option Exercise	−13.75K	3.65	—	0.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)10

Restricted Stock Unit (Time 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

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

—

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

5.92

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

—

Stock Appreciation Right

Direct

Underlying security

Common Stock

Underlying shares

23K

Shares owned

23K

Exercise price

6.6

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

22.32K

Shares owned

22.32K

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

—

Total

Underlying

197.99K

Owned

197.99K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Stock Unit (Time Vested) Direct	Common Stock	0	—	—	22.32K	22.32K
Stock Appreciation Right Direct	Common Stock	2.74	—	—	50K	50K
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	5.92	—	—	23K	23K
Stock Appreciation Right Direct	Common Stock	3.42	—	—	17.34K	17.34K
Stock Appreciation Right Direct	Common Stock	6.6	—	—	23K	23K
Performance Right (Performance Unit Award) Direct	Common Stock		—	—	N/A	0.00
Restricted Stock Unit (Performance Vested) Direct	Common Stock	0	—	—	22.32K	22.32K
Performance Right (Performance Unit Award) Direct	Common Stock		—	—	N/A	0.00
Total					197.99K	197.99K