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Globalstar, Inc. — Director's Dealing 2018
Dec 13, 2018
31104_dirs_2018-12-12_69c5a869-dda9-4b88-9ef1-4cf2264d4f3e.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: 2018-12-09
Reporting Person: Clary Rebecca (VP & Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-12-09 | Voting Common Stock | F | 4257 | $0.358 | Disposed | 364319 | Direct |
| 2018-12-11 | Voting Common Stock | F | 65768 | $0.3292 | Disposed | 298551 | Direct |
| 2018-12-11 | Voting Common Stock | A | 260000 | $0.3292 | Acquired | 558551 | Direct |
| 2018-12-11 | Voting Common Stock | A | 120000 | $0.3292 | Acquired | 678551 | Direct |
Footnotes
F1: Shares withheld, based on the fair market value of the Common Stock on December 9 and December 11, 2018 to pay required withholding taxes upon the vesting of Restricted Stock Awards under the Company's Bonus and Equity Incentive plans. The full awards were previously reported.
F2: Award under 2006 Equity Incentive Plan. Award vests as to one-third immediately and one-third on each of December 11, 2019 and 2020.
F3: Award under 2006 Equity Incentive Plan. Award vests as to one-third on each of December 11, 2019, 2020 and 2021.