Globalstar, Inc. — Director's Dealing 2011

Aug 16, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Globalstar, Inc. (GSAT)
CIK: 0001366868
Period of Report: 2011-08-12

Reporting Person: Monroe James III (Director, Chief Executive Officer, 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
2011-08-12	Voting Common Stock	P	100000	$0.6584	Acquired	1390000	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Voting Common Stock	146465355	Indirect
Nonvoting Common Stock	19275750	Indirect
Voting Commmon Stock	38640750	Indirect
Voting Common Stock	618558	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $0.65 to $0.69. The Reporting Person 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.