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Globalstar, Inc. Director's Dealing 2010

Dec 22, 2010

31104_dirs_2010-12-22_73dd5dc3-e058-4406-ad5e-09aff014313b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Globalstar, Inc. (GSAT)
CIK: 0001366868
Period of Report: 2010-12-20

Reporting Person: Monroe James III (Director, Executive Chairman, 10% Owner)
Reporting Person: Globalstar Holdings, LLC (10% Owner)
Reporting Person: Thermo Funding CO LLC (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-12-20 Voting Common Stock P 80000 $1.42 Acquired 146385355 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Nonvoting Common Stock 19275750 Indirect
Voting Common Stock 38640750 Indirect
Voting Common Stock 618558 Indirect
Voting Common Stock 515000 Indirect