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Globalstar, Inc. Director's Dealing 2018

May 10, 2018

31104_dirs_2018-05-10_6572d250-05c1-48b3-a12a-0aedda5f1f9d.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: 2018-03-01

Reporting Person: Young Kenneth M (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-03-01 Voting Common Stock A 75000 $0.9838 Acquired 75000 Direct
2018-03-01 Voting Common Stock A 150000 $0.9838 Acquired 225000 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (Right to Buy) $2.04 2025-11-09 Voting Common Stock (200000.0) 200000 Direct

Footnotes

F1: Award under 2006 Equity Incentive Plan. Award vests on December 31, 2018.

F2: Award under 2006 Equity Incentive Plan. Award vests as to one-third on each of February 28, 2019, 2020 and 2021.

F3: Options became and will become exercisable on a prorated basis each month from December 2015 to December 2018, subject to forfeiture conditions.