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Globalstar, Inc. Director's Dealing 2017

Dec 9, 2017

31104_dirs_2017-12-08_6d9b3693-fa63-4c17-8dfb-e70f6c975bd0.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

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

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

Holdings (Non-Derivative)

Security Shares Ownership
Voting Common Stock 847000 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (Right to Buy) $1.21 2026-01-13 Voting Common Stock (250000.0) Direct

Footnotes

F1: Includes previously granted restricted stock awards of 60,000 shares that vest over the initial three year vesting term.

F2: Options vest as to one-third each on January 13, 2017, 2018 and 2019.