Sec Form 3 Filing - Schiff Peter @ ORBCOMM Inc. - 2006-11-02

Insider filing report for Changes in Beneficial Ownership
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FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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
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1. Name and Address of Reporting Person
Schiff Peter
2. Issuer Name and Ticker or Trading Symbol
ORBCOMM Inc. [ ORBC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O ORBCOMM INC., 2115 LINWOOD AVENUE, SUITE 100
3. Date of Earliest Transaction (MM/DD/YY)
11/02/2006
(Street)
FORT LEE, NJ07024
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
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 Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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
Series A Convertible Redeemable Preferred Stock ( 2 ) 12/17/2004 ( 2 ) Common Stock 80,483 ( 1 ) I by Northwood Capital Partners LLC
Series A Convertible Redeemable Preferred Stock ( 2 ) 02/17/2004 ( 2 ) Common Stock 339,988 ( 1 ) I by Northwood Ventures LLC
Series A Convertible Redeemable Preferred Stock ( 2 ) 08/13/2004 ( 2 ) Common Stock 388,877 ( 1 ) I by Northwood Ventures LLC
Series A Convertible Redeemable Preferred Stock ( 2 ) 08/13/2004 ( 2 ) Common Stock 80,609 ( 1 ) I by Northwood Capital Partners LLC
Series A Convertible Redeemable Preferred Stock ( 2 ) 12/30/2005 ( 2 ) Common Stock 25,795 ( 1 ) I by SK Partners
Series A Convertible Redeemable Preferred Stock ( 2 ) 08/13/2004 ( 2 ) Common Stock 2,347 ( 1 ) I by SK Partners
Series B Convertible Redeemable Preferred Stock ( 3 ) 12/30/2005 ( 3 ) Common Stock 52,936 ( 1 ) I by Northwood Capital Partners LLC
Series B Convertible Redeemable Preferred Stock ( 3 ) 12/30/2005 ( 3 ) Common Stock 277,915 ( 1 ) I by Northwood Ventures LLC
Series B Convertible Redeemable Preferred Stock ( 3 ) 12/30/2005 ( 3 ) Common Stock 8,271 ( 1 ) I by SK Partners
Series B Convertible Redeemable Preferred Stock ( 3 ) 12/30/2005 ( 3 ) Common Stock 1,654 ( 1 ) I by Richard K. Webel Trust
Series A Convertible Redeemable Preferred Stock ( 2 ) 02/17/2004 ( 2 ) Common Stock 6,449 ( 1 ) I by Richard K. Webel Trust
Series A Convertible Redeemable Preferred Stock ( 2 ) 08/13/2004 ( 2 ) Common Stock 587 ( 1 ) I by Richard K. Webel Trust
Common Stock Warrants $ 2.325 11/15/2002 11/15/2007 Common Stock 15,735 ( 1 ) I by Northwood Ventures LLC
Common Stock Warrants $ 2.325 05/17/2003 05/17/2008 Common Stock 7,868 ( 1 ) I by Northwood Ventures LLC
Common Stock Warrants $ 2.325 09/03/2003 09/03/2008 Common Stock 69,234 ( 1 ) I by Northwood Ventures LLC
Common Stock Warrants $ 2.325 11/15/2002 11/15/2007 Common Stock 5,245 ( 1 ) I by Northwood Capital Partners LLC
Common Stock Warrants $ 2.325 05/17/2003 05/17/2008 Common Stock 2,623 ( 1 ) I by Northwood Capital Partners LLC
Common Stock Warrants $ 2.325 09/03/2003 09/03/2008 Common Stock 12,588 ( 1 ) I by Northwood Capital Partners LLC
Common Stock Warrants $ 2.325 12/23/2002 11/15/2007 Common Stock 10,490 ( 1 ) I by SK Partners
Common Stock Warrants $ 2.325 05/17/2003 05/17/2008 Common Stock 5,245 ( 1 ) I by SK Partners
Common Stock Warrants $ 2.325 12/23/2002 11/15/2007 Common Stock 2,623 ( 1 ) I by Richard K. Webel Trust
Common Stock Warrants $ 2.325 05/17/2003 05/17/2008 Common Stock 1,312 ( 1 ) I by Richard K. Webel Trust
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Schiff Peter
C/O ORBCOMM INC.
2115 LINWOOD AVENUE, SUITE 100
FORT LEE, NJ07024
X
Signatures
/s/ Brad Franco, by power of attorney 11/02/2006
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Mr. Schiff is President of Northwood Ventures LLC and Northwood Capital Partners LLC and is also Managing GeneralPartner of SK Partners and trustee of the Richard K. Webel Trust. Mr. Schiff disclaims beneficial ownership of the sharesheld by Northwood Ventures LLC, Northwood Capital Partners LLC, SK Partners and Richard K. Webel Trust except to theextent of his respective pecuniary interest therein. The inclusion of these shares in this report shall not be deemed anadmission 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 ofcommon 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 ofcommon stock for every three shares of Preferred Stock and has no expiration date.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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