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: Clary Rebecca (VP & Chief Financial Officer)

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 (Non-Derivative)

Security	Shares	Ownership
Voting Common Stock	148683	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$0.4	2021-10-03	Voting Common Stock (75000.0)	75000	Direct
Stock Option (Right to Buy)	$1.97	2023-12-13	Voting Common Stock (40000.0)	40000	Direct
Stock Option (Right to Buy)	$3.99	2024-08-27	Voting Common Stock (40000.0)	40000	Direct
Stock Option (Right to Buy)	$1.66	2020-10-12	Voting Common Stock (15000.0)	15000	Direct
Stock Option (Right to Buy)	$0.61	2021-11-08	Voting Common Stock (25000.0)	25000	Direct

Footnotes

F1: Includes 44,105 shares acquired under the Globalstar Employee Stock Purchase Plan.

F2: Award under 2006 Equity Incentive Plan. Award vests as to one-third on each of December 12, 2015, 2016 and 2017.

F3: Award under 2006 Equity Incentive Plan. Award vests as to one-third on each of August 27, 2015, 2016 and 2017.