Globalstar, Inc. — Director's Dealing 2016

Jun 14, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Globalstar, Inc. (GSAT)
CIK: 0001366868
Period of Report: 2016-06-14

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-06-14	Voting Common Stock	M	8000000	$0.32	Acquired	459906893	Indirect
2016-06-14	Voting Common Stock	M	5620438	$0.01	Acquired	465527331	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-06-14	Common Stock Warrant (Right to Buy)	$0.32	M	8000000	Disposed	2016-06-14	Voting Common Stock (8000000.0)	Indirect
2016-06-14	Common Stock Warrant (Right to Buy)	$0.01	M	5620438	Disposed	2016-06-19	Voting Common Stock (5620438.0)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Nonvoting Common Stock	134008656	Indirect
Voting Common Stock	618558	Indirect
Voting Common Stock	38640750	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$0.38	2018-11-14	Voting Common Stock (200000.0)	200000	Direct
Common Stock Warrant (Right to Buy)	$0.01	2017-06-19	Voting Common Stock (24571428.0)	24571428	Indirect

Footnotes

F1: Represents exercise price of warrants, expiring June 14, 2016.

F2: Represents exercise price of warrants, expiring June 19, 2016.