Globalstar, Inc. — Director's Dealing 2014

Nov 20, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Globalstar, Inc. (GSAT)
CIK: 0001366868
Period of Report: 2014-11-17

Reporting Person: Lynch James F (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-17	Voting Common Stock	P	30000	$2.8622	Acquired	30000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$0.63	2023-08-08	Voting Common Stock (200000.0)	200000	Direct
Stock Option (Right to Buy)	$1.19	2021-05-03	Voting Common Stock (200000.0)	200000	Direct
Stock Option (Right to Buy)	$0.38	2018-11-14	Voting Common Stock (200000.0)	200000	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.86 to $2.88. 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.

F2: Options become exercisable on a prorated basis each month from August 2013 to August 2016, subject to forfeiture conditions.