|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
|
| |||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
| 1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Stock Appreciation Right | $ 2.46 | (2) | (2) | Common Stock | 18,000 (2) | 18,000 | D | ||||||||
| Stock Appreciation Right | $ 2.46 | (3) | (3) | Common Stock | 4,800 (3) | 4,800 | D | ||||||||
| Stock Appreciation Right | $ 3.15 | (4) | (4) | Common Stock | 4,800 (4) | 4,800 | D | ||||||||
| Stock Appreciation Right | $ 2.03 | (5) | (5) | Common Stock | 4,200 (5) | 4,200 | D | ||||||||
| Stock Appreciation Right | $ 3.51 | (6) | (6) | Common Stock | 2,500 (6) | 2,500 | D | ||||||||
| Stock Appreciation Right | $ 3.15 | (7) | (7) | Common Stock | 5,400 (7) | 5,400 | D | ||||||||
| Stock Appreciation Right | $ 3.53 | (8) | (8) | Common Stock | 10,000 (8) | 10,000 | D | ||||||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
| Dziemian David A. C/O ORBCOMM INC. 395 W PASSAIC STREET, SUITE 325 ROCHELLE PARK, NJ 07662 |
VP, Cntrler & Princ Acct Off | |||
| Christian Le Brun, by power of attorney | 10/03/2013 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | Each Performance Vested Restricted Stock Unit ("PV RSU") represents the right to receive one share of common stock. The PV RSU awards will vest based on the achievement by the employee and/or the Company of certain performance targets for the fiscal year 2013. |
| (2) | Each Time Vested Stock Appreciation Right ("TV 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 TV SAR (March 3, 2010) to the date of exercise of the TV SAR. The TV SAR awards are fully vested. The TV SAR awards expire on March 3, 2020 and have an exercise price of $2.46 per share, the closing price of the common stock on the grant date. |
| (3) | 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 (March 3, 2010) to the date of exercise. The PV SAR awards are fully vested. The PV SARs expire on March 3, 2020 and have an exercise price of $2.46 per share, the closing price of the common stock on the grant date. |
| (4) | Each PV SAR represents the from right to receive a payment measured by the increase in the fair market value of one share of common stock the date of grant of the PV SAR (April 22, 2011) to the date of exercise of the PV SAR. The PV SAR awards are fully vested. The PV SARs expire on April 22, 2021 and have an exercise price of $3.15 per share, the closing price of the common stock on the grant date. |
| (5) | Each TV 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 TV SAR (August 10, 2011) to the date of exercise of the TV SAR. The TV SAR awards are fully vested. The TV SAR awards expire on August 10, 2021 and have an exercise price of $2.03 per share, the closing price of the common stock on the grant date. |
| (6) | Each TV 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 TV SAR (February 9, 2012) to the date of exercise of the TV SAR. The TV SAR awards are fully vested. The TV SAR awards expire on February 9, 2022 and have an exercise price of $3.51 per share, the closing price of the common stock on the grant date. |
| (7) | Each PV SAR represents the from right to receive a payment measured by the increase in the fair market value of one share of common stock the date of grant of the PV SAR (May 15, 2012) to the date of exercise of the PV SAR. The PV SAR awards are fully vested. The PV SARs expire on May 15, 2022 and have an exercise price of $3.15 per share, the closing price of the common stock on the grant date. |
| (8) | Each TV 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 TV SAR (October 24, 2012) to the date of exercise of the TV SAR. The TV SAR awards will vest on January 1, 2014. The TV SAR awards expire on October 24, 2022 and have an exercise price of $3.53 per share, the closing price of the common stock on the grant date. |