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Globalstar, Inc. — Director's Dealing 2014
May 23, 2014
31104_dirs_2014-05-23_29a8f6cb-1347-4219-93c9-588d2a2695bc.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: 2014-05-21
Reporting Person: Ponder L Barbee IV (General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-05-21 | Voting Common Stock | M | 150000 | $1.64 | Acquired | 225865 | Direct |
| 2014-05-21 | Voting Common Stock | S | 150000 | $3.19 | Disposed | 75865 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-05-21 | Stock Option (Right to Buy) | $1.64 | M | 150000 | Disposed | 2020-07-13 | Voting Common Stock (150000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $0.4 | 2021-10-04 | Voting Common Stock (185000) | 185000 | Direct |
| Stock Option (Right to Buy) | $1.97 | 2023-12-13 | Voting Common Stock (40000) | 40000 | Direct |
Footnotes
F1: Options vested as to one-third on each of July 13, 2011, 2012 and 2013.
F2: Options are currently exercisable.
F3: Options vest as to one-third on each of December 13, 2014, 2015 and 2016.
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