Globalstar, Inc. — Director's Dealing 2017

Dec 14, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Globalstar, Inc. (GSAT)
CIK: 0001366868
Period of Report: 2017-12-11

Reporting Person: Clary Rebecca (VP & Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-12-11	Voting Common Stock	F	3240	—	Disposed	268625	Direct
2017-12-11	Voting Common Stock	F	3240	$1.21	Disposed	265385	Direct
2017-12-11	Voting Common Stock	A	40000	$1.31	Acquired	305385	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$2.58	2024-12-12	Voting Common Stock (40000.0)	40000	Direct
Stock Option (Right to Buy)	$3.99	2024-08-27	Voting Common Stock (40000.0)	40000	Direct
Stock Option (Right to Buy)	$1.97	2023-12-13	Voting Common Stock (40000.0)	40000	Direct
Stock Option (Right to Buy)	$0.4	2021-10-03	Voting Common Stock (75000.0)	75000	Direct
Stock Option (Right to Buy)	$0.61	2021-11-08	Voting Common Stock (25000.0)	25000	Direct

Footnotes

F1: Shares withheld, based on the fair market value of the Common Stock on December 11, 2017, to pay required withholding taxes upon the vesting of shares pursuant to a Restricted Stock Award under the Company's Equity Incentive Plan. The full award was previously reported.

F2: Award under 2006 Equity Incentive Plan. Award vests as to one-third on each of December 11, 2018, 2019 and 2020.

F3: Award under 2006 Equity Incentive Plan. Award vests as to one-third on each of December 12, 2015, 2016 and 2017.

F4: Award under 2006 Equity Incentive Plan. Award vests as to one-third on each of August 27, 2015, 2016 and 2017.