STOLTE JOHN J JR (EVP, Technology & Operations) sold 8.8% of their position (13.94K shares) of ORBCOMM INC. on the open market

Open‑market sale worth $103.5K — a moderate reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale

STOLTE JOHN J JR

Filed: 1/5/2021ACC: 0001140361-21-000281

InsiderSTOLTE JOHN J JRCIK 1367780

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IssuerORBCOMM INC.CIK 1361983

Officer· EVP, Technology & Operations

Since Jul 2018

-13.94K

Net shares

Net seller

$103.5K

Total sold

Open market trades

0B · 1S

Total transactions

27.88K acquired · 41.82K disposed

Non-Derivative Transactions3

Common Stock

Direct

M · Option Exercise

+5.56K

Price / share

$7.42

Trade value

$41.25K

% of position

4.3%

12/31/2020

129.95K→135.50K

Common Stock

Direct

M · Option Exercise

+22.32K

Price / share

—

Trade value

—

% of position

16.5%

1/1/2021

135.50K→157.83K

Common Stock

Direct

S · Sale

−13.94K

Price / share

$7.43

Trade value

$103.54K

% of position

8.8%

1/5/2021

157.83K→143.89K

Total

Net shares

+13.94K

Net value

-$62.29K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	12/31/2020	M · Option Exercise	+5.56K	$7.42	$41.25K	4.3%	129.95K	135.50K
Common Stock Direct	1/1/2021	M · Option Exercise	+22.32K	—	—	16.5%	135.50K	157.83K
Common Stock Direct	1/5/2021	S · Sale	−13.94K	$7.43	$103.54K	8.8%	157.83K	143.89K
Total			+13.94K		-$62.29K

Derivative Transactions4

Performance Right (Performance Unit Award)

Direct

M · Option Exercise

Converts to

Common Stock

5.56K shares

−5.56K

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

22.32K shares

−22.32K

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 Stock5.56K shares	12/31/2020	M · Option Exercise	−5.56K		—
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 Stock22.32K shares	1/1/2021	M · Option Exercise	−22.32K	0	—

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)11

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

14.18K

Shares owned

14.18K

Exercise price

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

—

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

—

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

14.18K

Shares owned

14.18K

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

—

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

23K

Shares owned

23K

Exercise price

5.92

Expiration

—

Exercise window

—

Stock Appreciation Right

Direct

Underlying security

Common Stock

Underlying shares

50K

Shares owned

50K

Exercise price

2.74

Expiration

—

Exercise window

—

Total

Underlying

204.03K

Owned

204.03K

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	—	—	14.18K	14.18K
Stock Appreciation Right Direct	Common Stock	3.42	—	—	17.34K	17.34K
Performance Right (Performance Unit Award) Direct	Common Stock		—	—	N/A	0.00
Stock Appreciation Right Direct	Common Stock	3.53	—	—	40K	40K
Performance Right (Performance Unit Award) Direct	Common Stock		—	—	N/A	0.00
Restricted Stock Unit (Performance Vested) Direct	Common Stock	0	—	—	14.18K	14.18K
Restricted Stock Unit (Performance Vested) Direct	Common Stock	0	—	—	22.32K	22.32K
Stock Appreciation Right Direct	Common Stock	6.6	—	—	23K	23K
Stock Appreciation Right Direct	Common Stock	5.92	—	—	23K	23K
Stock Appreciation Right Direct	Common Stock	2.74	—	—	50K	50K
Total					204.03K	204.03K