SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Schiff Peter

(Last) (First) (Middle)
C/O ORBCOMM INC.
2115 LINWOOD AVENUE, SUITE 100

(Street)
FORT LEE NJ 07024

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
11/02/2006
3. Issuer Name and Ticker or Trading Symbol
ORBCOMM Inc. [ ORBC ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 170,101(1) I by Northwood Ventures LLC
Common Stock 30,018(1) I by Northwood Capital Partners LLC
Common Stock 155,264(1) I by Northwood Ventures LLC
Common Stock 27,400(1) I by Northwood Capital Partners LLC
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Series A Convertible Redeemable Preferred Stock 12/17/2004 (2) Common Stock 80,483(1) (2) I by Northwood Capital Partners LLC
Series A Convertible Redeemable Preferred Stock 02/17/2004 (2) Common Stock 339,988(1) (2) I by Northwood Ventures LLC
Series A Convertible Redeemable Preferred Stock 08/13/2004 (2) Common Stock 388,877(1) (2) I by Northwood Ventures LLC
Series A Convertible Redeemable Preferred Stock 08/13/2004 (2) Common Stock 80,609(1) (2) I by Northwood Capital Partners LLC
Series A Convertible Redeemable Preferred Stock 12/30/2005 (2) Common Stock 25,795(1) (2) I by SK Partners
Series A Convertible Redeemable Preferred Stock 08/13/2004 (2) Common Stock 2,347(1) (2) I by SK Partners
Series B Convertible Redeemable Preferred Stock 12/30/2005 (3) Common Stock 52,936(1) (3) I by Northwood Capital Partners LLC
Series B Convertible Redeemable Preferred Stock 12/30/2005 (3) Common Stock 277,915(1) (3) I by Northwood Ventures LLC
Series B Convertible Redeemable Preferred Stock 12/30/2005 (3) Common Stock 8,271(1) (3) I by SK Partners
Series B Convertible Redeemable Preferred Stock 12/30/2005 (3) Common Stock 1,654(1) (3) I by Richard K. Webel Trust
Series A Convertible Redeemable Preferred Stock 02/17/2004 (2) Common Stock 6,449(1) (2) I by Richard K. Webel Trust
Series A Convertible Redeemable Preferred Stock 08/13/2004 (2) Common Stock 587(1) (2) I by Richard K. Webel Trust
Common Stock Warrants 11/15/2002 11/15/2007 Common Stock 15,735(1) $2.325 I by Northwood Ventures LLC
Common Stock Warrants 05/17/2003 05/17/2008 Common Stock 7,868(1) $2.325 I by Northwood Ventures LLC
Common Stock Warrants 09/03/2003 09/03/2008 Common Stock 69,234(1) $2.325 I by Northwood Ventures LLC
Common Stock Warrants 11/15/2002 11/15/2007 Common Stock 5,245(1) $2.325 I by Northwood Capital Partners LLC
Common Stock Warrants 05/17/2003 05/17/2008 Common Stock 2,623(1) $2.325 I by Northwood Capital Partners LLC
Common Stock Warrants 09/03/2003 09/03/2008 Common Stock 12,588(1) $2.325 I by Northwood Capital Partners LLC
Common Stock Warrants 12/23/2002 11/15/2007 Common Stock 10,490(1) $2.325 I by SK Partners
Common Stock Warrants 05/17/2003 05/17/2008 Common Stock 5,245(1) $2.325 I by SK Partners
Common Stock Warrants 12/23/2002 11/15/2007 Common Stock 2,623(1) $2.325 I by Richard K. Webel Trust
Common Stock Warrants 05/17/2003 05/17/2008 Common Stock 1,312(1) $2.325 I by Richard K. Webel Trust
Explanation of Responses:
1. Mr. Schiff is President of Northwood Ventures LLC and Northwood Capital Partners LLC and is also Managing General Partner of SK Partners and trustee of the Richard K. Webel Trust. Mr. Schiff disclaims beneficial ownership of the shares held by Northwood Ventures LLC, Northwood Capital Partners LLC, SK Partners and Richard K. Webel Trust except to the extent of his respective pecuniary interest therein. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or any other purpose.
2. The Series A Convertible Redeemable Preferred Stock is convertible into common stock on the basis of two shares of common stock for every three shares of Preferred Stock and has no expiration date.
3. The Series B Convertible Redeemable Preferred Stock is convertible into common stock on the basis of two shares of common stock for every three shares of Preferred Stock and has no expiration date.
/s/ Brad Franco, by power of attorney 11/02/2006
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (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).
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