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Globalstar, Inc. Director's Dealing 2016

May 19, 2016

31104_dirs_2016-05-18_5d3fe7d5-9923-4a01-934e-f8875f140b30.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: 2016-05-16

Reporting Person: Ponder L Barbee IV (General Counsel)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-05-16 Voting Common Stock A 250000 Acquired 393052 Direct
2016-05-16 Voting Common Stock A 250000 Acquired 643052 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: Award under 2006 Equity Incentive Plan. Award vests as to one-third on each of May 16, 2017, 2018 and 2019.

F2: Grant under 2006 Equity Incentive Plan. Shares vest upon completion of certain FCC regulatory approval.

F3: Options are exercisable.

F4: Options vest as to one-third each on December 13, 2014, 2015 and 2016.