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Filing Details

Accession Number:: 0001140361-11-042962
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2011-08-19 16:04:20
Reporting Period:: 2011-08-18

Filing Date:: 2011-08-19
Accepted Time:: 2011-08-19 16:04:20
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1361983	Orbcomm Inc.	ORBC	Communications Services, Nec (4899)	412118289

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1368678	B Jerome Eisenberg	C/O Orbcomm Inc. 2115 Linwood Avenue, Suite 100 Fort Lee NJ 07024		Yes	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2011-08-18	5,000	$2.26	986,095	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Restricted Stock Unit (Time Vested)	10,000	Direct
Common Stock	15,759	Indirect	by Cynthia Eisenberg

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Stock Appreciation Right	$11.00			95,187	95,187	Direct
Common Stock	Stock Appreciation Right	$4.96			100,000	100,000	Direct
Common Stock	Stock Option (Right to Buy)	$2.33	2005-03-31	2014-02-17	166,667	166,667	Direct
Common Stock	Stock Option (Right to Buy)	$2.78	2005-12-31	2014-02-17	33,334	33,334	Direct
Common Stock	Stock Option (Right to Buy)	$3.38	2006-12-31	2014-02-17	33,334	33,334	Direct
Common Stock	Stock Option (Right to Buy)	$4.26	2006-12-31	2014-02-17	33,334	33,334	Direct
Common Stock	Stock Option (Right to Buy)	$2.33	2007-12-31	2014-02-17	33,334	33,334	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	95,187	95,187	Direct
	100,000	100,000	Direct
2014-02-17	166,667	166,667	Direct
2014-02-17	33,334	33,334	Direct
2014-02-17	33,334	33,334	Direct
2014-02-17	33,334	33,334	Direct
2014-02-17	33,334	33,334	Direct

Footnotes

Each time vested Restricted Stock Unit ("RSU") represents the right to receive one share of common stock. The number of RSUs was determined by dividing $30,000 by the closing price of ORBCOMM Inc. (the "Company") common stock on February 1, 2011 of $3.00 per share. The RSUs vest on January 1, 2012.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.23 to $2.28, inclusive.
The reporting person undertakes to provide to the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
Each Performance Vested Stock Appreciation Right ("PV SAR") represents the right to receive a payment measured by the increase in the fair market value of one share of common stock from the date of grant of the PV SAR to the date of exercise of the PV SAR. The PV SARs are fully vested, expire in October 2016 and have an exercise price equal to the initial public offering price of $11.00 per share.
Each Time Vested Stock Appreciation Right ("TV SAR") represents the right to receive payment measured by the increase in the fair market value of one share of common stock from the date of grant of the TV SAR to the date of exercise of the TV SAR. The TV SAR awards are fully vested, expire in March 2018 and have an exercise price of $4.96 per share, the closing price of the common stock on the grant date.
166,667 Options were issued on February 17, 2004, are fully vested and expire on February 17, 2014.
33,334 Options were issued on February 17, 2004, are fully vested and expire on February 17, 2014
33,334 Options were issued on February 17, 2004, are fully vested and expire on February 17, 2014.
33,334 Options were issued on February 17, 2004, are fully vested and expire on February 17, 2014.
33,334 Options were issued on February 17, 2004, are fully vested and expire on February 17, 2014.