Globalstar, Inc. — Director's Dealing 2014

Feb 15, 2014

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: Globalstar, Inc. (GSAT)
CIK: 0001366868
Period of Report: 2013-12-31

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-07-08	Nonvoting Common Stock	P	121875000	$0.32	Acquired	256876000	Indirect
2013-10-14	Nonvoting Common Stock	P	26172118	$0.52	Acquired	283048118	Indirect
2013-11-19	Voting Common Stock	P	47318496	$1.4585	Acquired	240436170	Indirect
2013-12-27	Nonvoting Common Stock	P	25961538	$0.52	Acquired	309008656	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Voting Common Stock	38640750	Indirect
Voting Common Stock	618558	Indirect

Footnotes

F1: The holdings reported were held by the reporting person's trust and transferred to Thermo Funding II LLC, an entity wholly owned by the trust.

F2: Shares acquired upon automatic conversion of floating conversion rate 5% Convertible Notes in accordance with the terms of the notes.