Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Globalstar, Inc. Director's Dealing 2017

May 19, 2017

31104_dirs_2017-05-18_2fabf011-d2e9-4317-b613-effefcb3892a.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Globalstar, Inc. (GSAT)
CIK: 0001366868
Period of Report: 2017-05-16

Reporting Person: Ponder L Barbee IV (General Counsel)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-05-16 Voting Common Stock F 105002 $2.44 Disposed 489691 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 May16, 2017, to pay required withholding taxes upon the vesting of 333,333 shares pursuant to Restricted Stock Awards 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.