Globalstar, Inc. — Director's Dealing 2014

Dec 23, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Globalstar, Inc. (GSAT)
CIK: 0001366868
Period of Report: 2014-12-19

Reporting Person: Monroe James III (Director, Chief Executive Officer, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-19	Voting Common Stock	S	12371136	$2.82	Disposed	449336893	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Nonvoting Common Stock	134008656	Indirect
Voting Common Stock	618558	Indirect
Voting Common Stock	38640750	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$0.38	2018-11-14	Voting Common Stock (200000.0)	200000	Direct
Common Stock Warrant (Right to Buy)	$0.32	2016-06-19	Voting Common Stock (8000000.0)	8000000	Indirect
Common Stock Warrant (Right to Buy)	$0.32	2016-06-14	Voting Common Stock (8000000.0)	8000000	Indirect
Common Stock Warrant (Right to Buy)	$0.01	2017-06-19	Voting Common Stock (24571428.0)	24571428	Indirect
Common Stock Warrant (Right to Buy)	$0.01	2016-06-19	Voting Common Stock (5620438.0)	5620438	Indirect

Footnotes

F1: The reporting person's sale reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 761,686 shares. The reporting person has paid to the issuer the full amount of the profit realized in connection with the short-swing transaction.