Globalstar, Inc. — Director's Dealing 2016

Jun 17, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Globalstar, Inc. (GSAT)
CIK: 0001366868
Period of Report: 2016-06-16

Reporting Person: Ponder L Barbee IV (General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-06-16	Voting Common Stock	F	12095	$1.17	Disposed	630957	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 June 16, 2016, to pay required withholding taxes upon the vesting of 33,000 shares pursuant to a Restricted Stock Award granted June 16, 2014 under the Company's Equity Incentive Plan. The full award was previously reported.

F2: Options are exercisable.

F3: Options vest as to one-third each on December 13, 2014, 2015, and 2016.