Globalstar, Inc. — Director's Dealing 2014

Dec 17, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Ponder L Barbee IV (General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-12	Voting Common Stock	A	3770	—	Acquired	108708	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-12-12	Stock Option (Right to Buy)	$2.58	A	40000	Acquired	2024-12-12	Voting Common Stock (40000.0)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$1.64	2020-07-13	Voting Common Stock (50000.0)	50000	Direct
Stock Option (Right to Buy)	$0.4	2021-10-04	Voting Common Stock (185000.0)	185000	Direct
Stock Option (Right to Buy)	$1.97	2023-12-13	Voting Common Stock (40000.0)	40000	Direct

Footnotes

F1: Award under 2006 Equity Incentive Plan. Award vests as to one-third on each of December 12, 2015, 2016 and 2017.

F2: Options are exercisable.

F3: Award under 2006 Equity Incentive Plan. Award vests as to one-third on each of December 13, 2014, 2015 and 2016.