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Globalstar, Inc. — Director's Dealing 2014
May 21, 2014
31104_dirs_2014-05-20_c673dac2-5c06-40da-8bef-1445795a842e.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: 2013-12-11
Reporting Person: Navarra Anthony J (President Space Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-12-11 | Voting Common Stock | M | 100000 | $0.4 | Acquired | 498138 | Indirect |
| 2013-12-11 | Voting Common Stock | S | 100000 | $1.8 | Disposed | 398138 | Indirect |
| 2014-05-16 | Voting Common Stock | S | 70507 | $3.16 | Disposed | 327631 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-12-13 | Stock Option (Right to Buy) | $1.97 | A | 40000 | Acquired | 2024-12-13 | Voting Common Stock (40000) | Direct |
| 2013-12-11 | Stock Option (Right to Buy) | $0.4 | M | 100000 | Disposed | 2021-10-04 | Voting Common Stock (100000) | Direct |
Footnotes
F1: Vest ratably on the first, second and third anniversaries of the date of grant.
F2: Vested upon the Company's voting common stock trades for more than 10 consecutive trading days at or above the trading price of $0.80.
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