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Globalstar, Inc. — Director's Dealing 2016
Dec 14, 2016
31104_dirs_2016-12-13_c9e80967-5d24-415e-a9a7-cbe30539220f.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: 2016-12-11
Reporting Person: Clary Rebecca (VP & Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-12-11 | Voting Common Stock | F | 3150 | — | Disposed | 286304 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $2.58 | 2024-12-12 | Voting Common Stock (40000.0) | 40000 | Direct |
| Stock Option (Right to Buy) | $3.99 | 2024-08-27 | Voting Common Stock (40000.0) | 40000 | Direct |
| Stock Option (Right to Buy) | $1.97 | 2023-12-13 | Voting Common Stock (40000.0) | 40000 | Direct |
| Stock Option (Right to Buy) | $0.4 | 2021-10-03 | Voting Common Stock (75000.0) | 75000 | Direct |
| Stock Option (Right to Buy) | $1.66 | 2020-10-12 | Voting Common Stock (15000.0) | 15000 | Direct |
| Stock Option (Right to Buy) | $0.61 | 2021-11-08 | Voting Common Stock (25000.0) | 25000 | Direct |
Footnotes
F1: Shares withheld, based on the fair market value of the Common Stock on December 11, 2016, to pay required withholding taxes upon the vesting of 10,000 shares pursuant to a Restricted Stock Award granted under the Company's Equity Incentive Plan. The full award was previously reported.
F2: Includes 44,605 shares acquired under the Globalstar Employee Stock Purchase Plan.
F3: Award under 2006 Equity Incentive Plan. Award vests as to one-third on each of December 12, 2015, 2016 and 2017.
F4: Award under 2006 Equity Incentive Plan. Award vests as to one-third on each of August 27, 2015, 2016 and 2017.