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Globalstar, Inc. — Director's Dealing 2016
Jan 26, 2016
31104_dirs_2016-01-25_42923c80-71f4-49c1-b41c-e2a92a038c41.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: 2016-01-13
Reporting Person: Kagan David B. (President & COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-01-13 | Voting Common Stock | A | 30000 | — | Acquired | 30000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-01-13 | Stock Option (Right to Buy) | $1.21 | A | 50000 | Acquired | 2026-01-13 | Voting Common Stock (50000.0) | Direct |
| 2016-01-13 | Stock Option (Right to Buy) | $1.21 | A | 250000 | Acquired | 2026-01-13 | Voting Common Stock (250000.0) | Direct |
Footnotes
F1: Award under 2006 Equity Incentive Plan. Award vests as to one-third on each of January 13, 2017, 2018 and 2019.
F2: Options vest upon reporting person's relocation to Covington, Louisiana.
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