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Globalstar, Inc. Director's Dealing 2014

Nov 14, 2014

31104_dirs_2014-11-14_5d9a1c49-744f-42f8-8468-a69777b96aa0.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Globalstar, Inc. (GSAT)
CIK: 0001366868
Period of Report: 2014-11-12

Reporting Person: Roberts Richard S (Director, Corporate Secretary)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-11-12 Voting Common Stock P 50800 $2.6868 Acquired 50800 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 $2.66 to $2.75. 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.