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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.