Globalstar, Inc. — Director's Dealing 2017

Feb 15, 2017

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: Globalstar, Inc. (GSAT)
CIK: 0001366868
Period of Report: 2016-12-31

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-09	Voting Common Stock	A	30000	—	Acquired	298474	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: Includes and aggregate of 57,388 shares acquired under the Globalstar Employee Stock Purchase Plan (12,515 shares acquired on December 14, 2016; 10,435 shares acquired on June 14, 2016).

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.