Globalstar, Inc. — Director's Dealing 2017

Dec 9, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Globalstar, Inc. (GSAT)
CIK: 0001366868
Period of Report: 2017-12-06

Reporting Person: Kagan David B. (President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-12-06	Voting Common Stock	A	750000	—	Acquired	847000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-12-06	Stock Option (Right to Buy)	$1.36	A	750000	Acquired	2027-12-06	Voting Common Stock (750000.0)	Direct

Footnotes

F1: Awards under 2006 Equity Incentive Plan. Awards vests as to 10% after year 1, 15% after year 2 (25% cumulative), 25% after year 3 (50% cumulative) and the remaining 50% after year 4, or upon a change of control.