Globalstar, Inc. — Director's Dealing 2014

Nov 11, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Globalstar, Inc. (GSAT)
CIK: 0001366868
Period of Report: 2014-11-10

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-10	Voting Common Stock	P	150000	$2.5853	Acquired	453626477	Indirect

Holdings (Non-Derivative)

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

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Warrant (Right to Buy)	$0.32	2016-06-19	Voting Common Stock (8000000.0)	8000000	Indirect
Stock Option (Right to Buy)	$0.38	2018-11-14	Voting Common Stock (200000.0)	200000	Direct
Common Stock Warrant (Right to Buy)	$0.01	2015-06-19	Voting Common Stock (4379562.0)	4379562	Indirect
Common Stock Warrant (Right to Buy)	$0.01	2014-12-31	Voting Common Stock (2516990.0)	2516990	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 price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.58 to $2.59. 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: Reflects conversion of 75,000,000 shares of nonvoting common stock to 75,000,000 shares of voting common stock.