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Globalstar, Inc. Director's Dealing 2017

May 19, 2017

31104_dirs_2017-05-18_86f36239-46b8-43fc-86e6-e40dbe2c2fb0.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

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

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-05-16 Voting Common Stock F 10501 $2.44 Disposed 282881 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 May 16,2017 to pay required withholding taxes upon the vesting of 33,000 shares pursuant to a Restricted Stock Award granted under the Company's Equity Incentive Plan. The full award was previously reported.

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

F3: Award under 2006 Equity Incentive Plan. Award vests as to one-third on each of August 27, 2015, 2016 and 2017.