Globalstar, Inc. — Director's Dealing 2017

Aug 30, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Globalstar, Inc. (GSAT)
CIK: 0001366868
Period of Report: 2017-08-27

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-08-27	Voting Common Stock	F	11016	$2.01	Disposed	271865	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)	$1.66	2020-10-12	Voting Common Stock (15000.0)	15000	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 August 25, 2017 (the last reported market close), to pay required withholding taxes upon the vesting of 34,000 shares pursuant to a Restricted Stock Award granted August 27, 2014 under the Company's Equity Incentive Plan. The full award was reported previously.

F2: Award under 2006 Equity Incentive Plan. Award vests as to one-third on each of December 12, 2015, 2016 and 2017.

F3: Options are exercisable.