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Globalstar, Inc. — Director's Dealing 2010
Mar 18, 2010
31104_dirs_2010-03-18_7ecd4b82-05fa-42eb-be74-a67310d02358.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: 2010-03-16
Reporting Person: Navarra Anthony J (Pres., Global Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-03-16 | Voting Common Stock | A | 547446 | — | Acquired | 1238984 | Indirect |
| 2010-03-17 | Voting Common Stock | S | 28184 | $1.3376 | Acquired | 1210800 | Indirect |
Footnotes
F1: Award under 2006 Equity Incentive Plan.
F2: The price reported is a weighted average price. These shares were sold to pay a portion of required withholding taxes in multiple transactions at prices ranging from $1.33 to $1.36. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth above.
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