Globalstar, Inc. — Director's Dealing 2017

Jun 21, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Globalstar, Inc. (GSAT)
CIK: 0001366868
Period of Report: 2017-06-16

Reporting Person: Ponder L Barbee IV (General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-06-16	Voting Common Stock	F	10711	$2.20	Disposed	557731	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)	$1.64	2020-07-13	Voting Common Stock (50000.0)	50000	Direct
Stock Option (Right to Buy)	$2.58	2024-12-12	Voting Common Stock (40000.0)	40000	Direct

Footnotes

F1: Shares withheld, based on the fair market value of the Common Stock on June 16, 2017, to pay required withholding taxes upon the vesting of 34,000 shares pursuant to a Restricted Stock Award under the Company's Equity Incentive Plan. The full award was previously reported.

F2: Options are exercisable.

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