Globalstar, Inc. — Director's Dealing 2017

Nov 20, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Globalstar, Inc. (GSAT)
CIK: 0001366868
Period of Report: 2017-11-16

Reporting Person: Ponder L Barbee IV (General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-16	Voting Common Stock	A	80000	—	Acquired	556730	Direct
2017-11-16	Voting Common Stock	F	25920	$1.63	Disposed	530810	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$1.97	2023-12-13	Voting Common Stock (40000.0)	40000	Direct
Stock Option (Right to Buy)	$2.58	2024-12-12	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: Shares withheld, based on the fair market value of the Common Stock on October 16, 2017, to pay required withholding taxes upon the vesting of shares pursuant to an award under the Company's Equity Incentive Plan.

F2: Options are exercisable.

F3: Options vest as to one-third each on December 12, 2015, 2016 and 2017.