-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PXplBJQRllLWncy6mgkYr93ZWusTTlGGWPU2P1SbnT2tSU/H4StgYNeQ3MclV+/8 AzHOOktHaS0+ITM2YkvYSg== 0000893838-09-000106.txt : 20090519 0000893838-09-000106.hdr.sgml : 20090519 20090519163558 ACCESSION NUMBER: 0000893838-09-000106 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090515 FILED AS OF DATE: 20090519 DATE AS OF CHANGE: 20090519 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Eisenberg Marc CENTRAL INDEX KEY: 0001373773 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33118 FILM NUMBER: 09839862 MAIL ADDRESS: STREET 1: 2115 LINWOOD AVENUE, SUITE 100 CITY: FORT LEE STATE: NJ ZIP: 07024 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ORBCOMM Inc. CENTRAL INDEX KEY: 0001361983 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899] IRS NUMBER: 412118289 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2115 LINWOOD AVENUE STREET 2: SUITE 100 CITY: FORT LEE STATE: NJ ZIP: 07024 BUSINESS PHONE: 201-363-4900 MAIL ADDRESS: STREET 1: 2115 LINWOOD AVENUE STREET 2: SUITE 100 CITY: FORT LEE STATE: NJ ZIP: 07024 4 1 form4meisenberg051909_ex.xml X0303 4 2009-05-15 0 0001361983 ORBCOMM Inc. ORBC 0001373773 Eisenberg Marc C/O ORBCOMM INC. 2115 LINWOOD AVENUE, SUITE 100 FORT LEE NJ 07024 1 1 0 0 Chief Executive Officer Common Stock 2009-05-15 4 P 0 4300 1.48 A 158480 D Common Stock 2009-05-15 4 P 0 1500 1.49 A 159980 D Common Stock 2009-05-15 4 P 0 301 1.50 A 160281 D Common Stock 2009-05-15 4 P 0 3899 1.51 A 164180 D Stock Appreciation Right 11 Common Stock 82973 82973 D Stock Appreciation Right 4.96 Common Stock 425000 425000 D Stock Option (Right to Buy) 2.325 2005-03-31 2014-02-17 Common Stock 146667 146667 D Stock Option (Right to Buy) 2.775 2006-03-31 2014-02-17 Common Stock 33334 33334 D Stock Option (Right to Buy) 3.375 2005-12-31 2014-02-17 Common Stock 33334 33334 D Stock Option (Right to Buy) 4.26 2006-12-31 2014-02-17 Common Stock 33334 33334 D Stock Option (Right to Buy) 2.325 2007-12-31 2014-02-17 Common Stock 33334 33334 D Includes 37,333 shares underlying Time Vested Restricted Stock Units ("TV RSU") that vested on December 31, 2008. Also includes 27,393 shares underlying Performance Vested Restricted Stock Units ("PV RSU") that vested in March 2009 based on achieving certain performance targets for fiscal year 2008. 9,941 PV RSUs lapsed unvested in March 2009. 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. One-third of the 130,000 PV SAR awards originally granted vest based on the achievement by the employee and/or the Company of certain performance targets for each of the fiscal years 2006, 2007 and 2008. The PV SARs expire on October 5, 2016 and have an exercise price equal to the initial offering price of $11.00 per share. In April 2007, 36,011 PV SARs vested based on achievement of certain 2006 performance targets and 7,322 PV SARs lapsed unvested. In March 2008, 15,167 PV SARs vested based on achievement of certain 2007 performance targets and 28,167 PV SARs lapsed unvested. In March 2009, 31,795 PV SARs vested based on achievement of certain 2008 performance targets and 11,539 PV SARs lapsed unvested. 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. 125,000 of the TV SAR awards vested on December 31, 2008 and 150,000 of the TV SAR awards will vest on each of December 31, 2009 and December 31,2010. The TV SAR awards expire on March 31, 2018 and have an exercise price of $4.96 per share, the closing price of the common stock on the grant date. The Options were issued on February 17, 2004 and became fully vested on March 31, 2005. The Options expire on February 17, 2014. The Options were issued on February 17, 2004 and became fully vested on March 31, 2005. The Options expire on February 17, 2014. The Options were issued on February 17, 2004 and became fully vested on December 31, 2005. The Options expire on February 17, 2014. The Options were issued on February 17, 2004 and became fully vested on December 31, 2006. The Options expire on February 17, 2014. The Options were issued on February 17, 2004 and became fully vested on December 31, 2007. The Options expire on February 17, 2014. /s/ Christian Le Brun, by power of attorney 2009-05-19 -----END PRIVACY-ENHANCED MESSAGE-----