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Globalstar, Inc. — Director's Dealing 2019
May 22, 2019
31104_dirs_2019-05-22_e8c5a71e-a1b1-4436-8aac-5c5ef9c3e688.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: 2019-05-16
Reporting Person: Ponder L Barbee IV (General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-05-16 | Voting Common Stock | F | 23751 | $0.5473 | Disposed | 491510 | Direct |
| 2019-05-20 | Voting Common Stock | F | 5861 | $0.56 | Disposed | 485649 | Direct |
| 2019-05-20 | Voting Common Stock | A | 20000 | $0.56 | Acquired | 505649 | Direct |
Footnotes
F1: Shares withheld, based on the fair market value of the Common Stock on May 16, 2019 to pay required withholding taxes upon the vesting of 83,334 shares pursuant to a Restricted Stock Award granted under the Company's Equity Incentive Plan. The full award was previously reported.
F2: Shares withheld, based on the fair market value of the Common Stock on May 20, 2019 to pay required withholding taxes upon the immediate vesting of 20,000 shares pursuant to a Restricted Stock Award granted under the Company's Equity Incentive Plan. The full award is reported herein.
F3: Award under 2006 Equity Incentive Plan. Award vests immediately.