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Globalstar, Inc. Director's Dealing 2018

Nov 14, 2018

31104_dirs_2018-11-14_0423b7f8-33ca-499b-bb74-142970ca85a2.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: 2018-11-12

Reporting Person: Roberts Richard S (Director, Corporate Secretary)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-11-12 Voting Common Stock M 200000 $0.38 Acquired 400800 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-11-12 Stock Option (Right to Buy) $0.38 M 200000 Disposed 2018-11-14 Voting Common Stock (200000.0) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (Right to Buy) $1.19 2021-05-03 Voting Common Stock (200000.0) 200000 Direct
Stock Option (Right to Buy) $2.75 2026-05-16 Voting Common Stock (100000.0) 100000 Direct
Stock Option (Right to Buy) $0.63 2023-08-08 Voting Common Stock (200000.0) 200000 Direct

Footnotes

F1: 150,000 of the shares of Voting Common Stock were awarded under the 2006 Equity Incentive Plan. This award vests as to one-third on each of February 28, 2019, 2020 and 2021.

F2: Options are exercisable.