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Globalstar, Inc. — Director's Dealing 2014
May 24, 2014
31104_dirs_2014-05-23_c6174c78-4e2d-49f7-b2cb-383169e22dd9.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: 2014-03-14
Reporting Person: Kneuer John (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-03-14 | Voting Common Stock | M | 135000 | $0.77 | Acquired | 216000 | Direct |
| 2014-03-14 | Voting Common Stock | S | 135000 | $2.59 | Disposed | 81000 | Direct |
| 2014-03-14 | Voting Common Stock | S | 16000 | $2.58 | Disposed | 65000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-03-14 | Stock Option (Right to Buy) | $0.77 | M | 135000 | Disposed | 2022-03-16 | Voting Common Stock (135000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $0.63 | 2023-08-08 | Voting Common Stock (200000) | 200000 | Direct |
| Stock Option (Right to Buy) | $1.4 | 2021-02-03 | Voting Common Stock (200000) | 200000 | Direct |
Footnotes
F1: Options become exercisable on a prorated basis each month from August 2013 to Agust 2016, subject to forfeiture conditions.
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