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Globalstar, Inc. Director's Dealing 2016

Dec 14, 2016

31104_dirs_2016-12-13_772a38f0-79f8-4cea-b472-96f81fe206f0.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: Ponder L Barbee IV (General Counsel)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-12-11 Voting Common Stock F 5187 Disposed 625770 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (Right to Buy) $0.4 2021-10-04 Voting Common Stock (185000.0) 185000 Direct
Stock Option (Right to Buy) $1.97 2023-12-13 Voting Common Stock (40000.0) 40000 Direct
Stock Option (Right to Buy) $1.64 2020-07-13 Voting Common Stock (50000.0) 50000 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 16,465 shares pursuant to a Restricted Stock Award granted under the Company's Equity Incentive Plan. The full award was previously reported.

F2: Options are exercisable.