Globalstar, Inc. — Director's Dealing 2014

May 31, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Globalstar, Inc. (GSAT)
CIK: 0001366868
Period of Report: 2014-05-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-28	Voting Common Stock	J	14788279	$1.14	Acquired	355224449	Indirect
2014-05-28	Voting Common Stock	X	4379562	$0.01	Acquired	359604011	Indirect
2014-05-28	Voting Common Stock	X	4205608	$0.01	Acquired	363809619	Indirect
2014-05-28	Voting Common Stock	X	14666858	$0.32	Acquired	378476477	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-05-28	Common Stock Warrant (Right to Buy)	$0.32	X	4379562	Disposed	2014-06-19	Voting Common Stock (4379562.0)	Indirect
2014-05-28	Common Stock Warrant (Right to Buy)	$0.32	X	4205608	Disposed	2014-06-19	Voting Common Stock (4205608.0)	Indirect
2014-05-28	Common Stock Warrant (Right to Buy)	$0.32	X	16309625	Disposed	2014-06-19	Voting Common Stock (14666858.0)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Nonvoting Common Stock	209008656	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)	$0.01	2014-12-31	Voting Common Stock (2516990.0)	2516990	Indirect
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	2016-06-19	Voting Common Stock (5620438.0)	5620438	Indirect
Common Stock Warrant (Right to Buy)	$0.32	2016-06-19	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)	$0.32	2016-06-14	Voting Common Stock (8000000.0)	8000000	Indirect
Stock Option (Right to Buy)	$0.38	2018-11-14	Voting Common Stock (200000.0)	200000	Direct

Footnotes

F1: Shares acquired upon automatic conversion of floating conversion rate 8% Convertible Notes in accordance with the terms of the notes.

F2: Represents exercise price of warrants, expiring June 19, 2014.