-----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, R9q3Q1XkAgzFi5dKYF6HDRBVJsL6NamfXqlIYDNK0fDJht14bQ0Tyb5m16XcuIfs ruFp07XU3G7AGlFTMJBf3A== 0000893838-07-000200.txt : 20070702 0000893838-07-000200.hdr.sgml : 20070702 20070702153111 ACCESSION NUMBER: 0000893838-07-000200 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070702 DATE AS OF CHANGE: 20070702 SUBJECT COMPANY: 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 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-82579 FILM NUMBER: 07954967 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 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Franco Family L.P. CENTRAL INDEX KEY: 0001389523 IRS NUMBER: 861163575 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 13 WEBSTER AVE CITY: SUMMIT STATE: NJ ZIP: 07901 BUSINESS PHONE: (703) 433-6300 MAIL ADDRESS: STREET 1: 13 WEBSTER AVE CITY: SUMMIT STATE: NJ ZIP: 07901 SC 13G/A 1 sched13gafranco.txt SCHEDULE 13 G AMENDMENT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G/A Under the Securities Exchange Act of 1934 (Amendment No. 1)* ORBCOMM Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $0.001 par value per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 68555P100 - -------------------------------------------------------------------------------- (CUSIP Number) May 31, 2007 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [ ] Rule 13d-1(c) [X] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 1 of 14 pages - ------------------- ------------------ CUSIP No. 68555P100 Page 2 of 14 Pages - ------------------- ------------------ - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Franco Family L.P. - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - ------------------------------------------------------------------------------ NUMBER OF 5. SOLE VOTING POWER SHARES 721,694 --------------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 0 --------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING 721,694 --------------------------------------------------------------- PERSON 8. SHARED DISPOSITIVE POWER WITH 0 - ------------------------------------------------------------------------------ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 721,694 - ------------------------------------------------------------------------------ 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.8% - ------------------------------------------------------------------------------ 12. TYPE OF REPORTING PERSON PN - ------------------------------------------------------------------------------ Page 2 of 14 pages - ------------------- ------------------ CUSIP No. 68555P100 Page 3 of 14 Pages - ------------------- ------------------ - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Franco Mgt. L.L.C. - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. CITIZENSHIP OR PLACE OF ORGANIZATION New Jersey - ------------------------------------------------------------------------------ NUMBER OF 5. SOLE VOTING POWER SHARES 721,694 --------------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 0 --------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING 721,694 --------------------------------------------------------------- PERSON 8. SHARED DISPOSITIVE POWER WITH 0 - ------------------------------------------------------------------------------ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 721,694 - ------------------------------------------------------------------------------ 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.8% - ------------------------------------------------------------------------------ 12. TYPE OF REPORTING PERSON OO - ------------------------------------------------------------------------------ Page 3 of 14 pages - ------------------- ------------------ CUSIP No. 68555P100 Page 4 of 14 Pages - ------------------- ------------------ - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Estate of Don Franco - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. CITIZENSHIP OR PLACE OF ORGANIZATION - ------------------------------------------------------------------------------ NUMBER OF 5. SOLE VOTING POWER SHARES 0 --------------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 0 --------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING 0 --------------------------------------------------------------- PERSON 8. SHARED DISPOSITIVE POWER WITH 0 - ------------------------------------------------------------------------------ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 - ------------------------------------------------------------------------------ 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.0% - ------------------------------------------------------------------------------ 12. TYPE OF REPORTING PERSON OO - ------------------------------------------------------------------------------ Page 4 of 14 pages - ------------------- ------------------ CUSIP No. 68555P100 Page 5 of 14 Pages - ------------------- ------------------ - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Nancy M. Franco 2006 GRAT - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. CITIZENSHIP OR PLACE OF ORGANIZATION New Jersey - ------------------------------------------------------------------------------ NUMBER OF 5. SOLE VOTING POWER SHARES 499,294 --------------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 0 --------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING 499,294 --------------------------------------------------------------- PERSON 8. SHARED DISPOSITIVE POWER WITH 0 - ------------------------------------------------------------------------------ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 499,294 - ------------------------------------------------------------------------------ 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 1.2% - ------------------------------------------------------------------------------ 12. TYPE OF REPORTING PERSON OO - ------------------------------------------------------------------------------ Page 5 of 14 pages - ------------------- ------------------ CUSIP No. 68555P100 Page 6 of 14 Pages - ------------------- ------------------ - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Bradley C. Franco - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - ------------------------------------------------------------------------------ NUMBER OF 5. SOLE VOTING POWER SHARES 1,225,673 --------------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 0 --------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING 1,225,673 --------------------------------------------------------------- PERSON 8. SHARED DISPOSITIVE POWER WITH 0 - ------------------------------------------------------------------------------ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,225,673 - ------------------------------------------------------------------------------ 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 3.0% - ------------------------------------------------------------------------------ 12. TYPE OF REPORTING PERSON IN - ------------------------------------------------------------------------------ Page 6 of 14 pages - ------------------- ------------------ CUSIP No. 68555P100 Page 7 of 14 Pages - ------------------- ------------------ - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Nancy M. Franco - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - ------------------------------------------------------------------------------ NUMBER OF 5. SOLE VOTING POWER SHARES 275,000 --------------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 0 --------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING 275,000 --------------------------------------------------------------- PERSON 8. SHARED DISPOSITIVE POWER WITH 0 - ------------------------------------------------------------------------------ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 380,038 - ------------------------------------------------------------------------------ 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.9% - ------------------------------------------------------------------------------ 12. TYPE OF REPORTING PERSON IN - ------------------------------------------------------------------------------ Page 7 of 14 pages - ------------------- ------------------ CUSIP No. 68555P100 Page 8 of 14 Pages - ------------------- ------------------ - ------------------------------------------------------------------------------ 1. NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS Trust Under The Will of Don Franco Article Fourth - ------------------------------------------------------------------------------ 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - ------------------------------------------------------------------------------ 3. SEC USE ONLY - ------------------------------------------------------------------------------ 4. CITIZENSHIP OR PLACE OF ORGANIZATION United States of America - ------------------------------------------------------------------------------ NUMBER OF 5. SOLE VOTING POWER SHARES 105,038 --------------------------------------------------------------- BENEFICIALLY 6. SHARED VOTING POWER OWNED BY 0 --------------------------------------------------------------- EACH 7. SOLE DISPOSITIVE POWER REPORTING 105,038 --------------------------------------------------------------- PERSON 8. SHARED DISPOSITIVE POWER WITH 0 - ------------------------------------------------------------------------------ 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 105,038 - ------------------------------------------------------------------------------ 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ------------------------------------------------------------------------------ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 0.3% - ------------------------------------------------------------------------------ 12. TYPE OF REPORTING PERSON 00 - ------------------------------------------------------------------------------ Page 8 of 14 pages Item 1. (a) Name of Issuer: ORBCOMM Inc. (b) Address of Issuer's Principal Executive Offices: 2115 Linwood Ave., Suite 100 Fort Lee, New Jersey 07024 Item 2. (a) Name of Person Filing: i. Franco Family L.P. ii. Franco Mgt. L.L.C., which is the general partner of Franco Family L.P. iii. Estate of Don Franco iv. Nancy M. Franco 2006 GRAT v. Bradley C. Franco, who is the manager of Franco Mgt. L.L.C., the trustee of the Nancy M. Franco 2006 GRAT and the son of Nancy M. Franco. Mr. Franco disclaims beneficial ownership of the shares held by Franco Mgt. L.L.C. and the Nancy M. Franco 2006 GRAT except to the extent of his pecuniary interest therein. vi. Nancy M. Franco, who is the executrix of the Estate of Don Franco and a trustee of the Trust Under The Will of Don Franco Article Fourth. Mrs. Franco disclaims beneficial ownership of the shares held by the Estate of Don Franco except to the extent of her pecuniary interest therein. vii. Trust Under The Will of Don Franco Article Fourth. (b) Address of Principal Business Office or, if none, Residence: i. Franco Family L.P. 13 Webster Avenue Summit, NJ 07901 ii. Franco Mgt. L.L.C. 13 Webster Avenue Summit, NJ 07901 iii. Estate of Don Franco 12 Hickory Hill Road Saddle River, NJ 07458 iv. Nancy M. Franco 2006 GRAT 12 Hickory Hill Road Saddle River, NJ 07458 v. Bradley C. Franco 13 Webster Avenue Summit, NJ 07901 vi. Nancy M. Franco 12 Hickory Hill Road Saddle River, NJ 07458 vii. Trust Under The Will of Don Franco Article Fourth 12 Hickory Hill Road Saddle River, NJ 07458 Page 9 of 14 pages (c) Citizenship: i. Franco Family L.P.: Delaware ii. Franco Mgt. L.L.C.: New Jersey iii. Estate of Don Franco: N/A iv. Nancy M. Franco 2006 GRAT: New Jersey v. Bradley C. Franco: United States of America vi. Nancy M. Franco: United States of America vii. Trust Under The Will of Don Franco Article Fourth: N/A (d) Title of Class of Securities: Common Stock, $0.001 par value per share (e) CUSIP Number: 68555P100 Item 3. If this statement is filed pursuant to Sections 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: Not applicable. Item 4. Ownership (1) Franco Family L.P. (a) Amount beneficially owned: 721,694 (b) Percent of class: 2.5% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 721,694 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 721,694 (iv) Shared power to dispose or to direct the disposition of: 0 (2) Franco Mgt. L.L.C. (a) Amount beneficially owned: 721,694 (b) Percent of class: 2.5% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 721,694 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 721,694 (iv) Shared power to dispose or to direct the disposition of: 0 Page 10 of 14 pages (3) Estate of Don Franco (a) Amount beneficially owned: 0 (b) Percent of class: 0.0% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 0 (iv) Shared power to dispose or to direct the disposition of: 0 (4) Nancy M. Franco 2006 GRAT (a) Amount beneficially owned: 499,294 (b) Percent of class: 1.2% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 499,294 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 538,401 (iv) Shared power to dispose or to direct the disposition of: 0 (5) Bradley C. Franco (a) Amount beneficially owned: 1,225,673 (b) Percent of class: 3.0% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 1,225,673 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 1,225,673 (iv) Shared power to dispose or to direct the disposition of: 0 (6) Nancy M. Franco (a) Amount beneficially owned: 380,038 (b) Percent of class: 0.9% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 275,000 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 275,000 (iv) Shared power to dispose or to direct the disposition of: 0 (7) Trust Under The Will of Don Franco Article Fourth (a) Amount beneficially owned: 105,038 (b) Percent of class: 0.3% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 105,038 (ii) Shared power to vote or to direct the vote: 0 (iii) Sole power to dispose or to direct the disposition of: 105,038 (iv) Shared power to dispose or to direct the disposition of: 0 * Includes 275,000 and 47,904 shares of common stock issuable under options and warrants, respectively, that are immediately exercisable. Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X]. Page 11 of 14 pages Item 6. Ownership of More than Five Percent on Behalf of Another Person Not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person Not applicable. Item 8. Identification and Classification of Members of the Group Not applicable. Item 9. Notice of Dissolution of Group Not applicable. Item 10. Certification Not applicable. Page 12 of 14 pages Signature After reasonable inquiry and to the best of our knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: July 2, 2007 FRANCO FAMILY L.P. By: Franco Mgt. L.L.C., General Partner By: /s/ Bradley C. Franco ------------------------------------ Name: Bradley C. Franco Title: Manager Page 13 of 14 pages EXHIBIT A JOINT FILING AGREEMENT The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that he or it knows or has reason to believe that such information is inaccurate. Dated: July 2, 2007 FRANCO FAMILY L.P. By: Franco Mgt. L.L.C., General Partner By: /s/ Bradley C. Franco ------------------------------------ Bradley C. Franco Manager FRANCO MGT. L.L.C. By: /s/ Bradley C. Franco ------------------------------------ Bradley C. Franco Manager ESTATE OF DON FRANCO By: /s/ Nancy M. Franco ------------------------------------ Nancy M. Franco Executrix NANCY M. FRANCO 2006 GRAT By: /s/ Bradley C. Franco ------------------------------------ Bradley C. Franco Trustee BRADLEY C. FRANCO /s/ Bradley C. Franco --------------------------------------- NANCY M. FRANCO /s/ Nancy M. Franco --------------------------------------- TRUST UNDER THE WILL OF DON FRANCO ARTICLE FOURTH By: /s/ Nancy M. Franco ------------------------------------ Nancy M. Franco Trustee By: /s/ John Franco ------------------------------------ John Franco Trustee By: /s/ Alan Doerner ------------------------------------ Alan Doerner Trustee Page 14 of 14 pages -----END PRIVACY-ENHANCED MESSAGE-----