X0306 4 2016-10-03 0 0001361983 ORBCOMM Inc. ORBC 0001368678 Eisenberg Jerome B C/O ORBCOMM INC. 395 W PASSAIC STREET, SUITE 325 ROCHELLE PARK NJ 07662 1 0 0 0 Common Stock 2016-10-03 4 S 0 5000 10.059 D 993791 D Common Stock 15759 I by Cynthia Eisenberg Restricted Stock Unit (Time Vested) 10989 D Stock Appreciation Right 11 Common Stock 95187 95187 D Stock Appreciation Right 4.96 Common Stock 100000 100000 D The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.96 to $10.30, inclusive. The reporting person undertakes to provide to ORBCOMM Inc. (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 above. 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 $80,000 by the closing price of the Company common stock on January 4, 2016 of $7.28 per share. The RSUs vest on January 1, 2017. 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 SARs 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. /s/ Christian Le Brun, by power of attorney 2016-10-05