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Globalstar, Inc. — Director's Dealing 2019
Jan 8, 2019
31104_dirs_2019-01-07_dbe596b1-ab43-4aa9-873e-b8fe3ad4c6bd.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: 2019-01-02
Reporting Person: Roberts Richard S (Director, Corporate Secretary)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-01-02 | Stock Option (Right to Buy) | $1.19 | A | 200000 | Acquired | 2029-01-02 | Voting Common Stock (200000.0) | Direct |
| 2019-01-02 | Stock Option (Right to Buy) | $2.75 | A | 100000 | Acquired | 2029-01-02 | Voting Common Stock (100000.0) | Direct |
| 2019-01-02 | Stock Option (Right to Buy) | $0.63 | A | 200000 | Acquired | 2029-01-02 | Voting Common Stock (200000.0) | Direct |
| 2019-01-02 | Stock Option (Right to Buy) | $1.19 | J | 200000 | Disposed | 2021-05-03 | Voting Common Stock (200000.0) | Direct |
| 2019-01-02 | Stock Option (Right to Buy) | $2.75 | J | 100000 | Disposed | 2026-05-16 | Voting Common Stock (100000.0) | Direct |
| 2019-01-02 | Stock Option (Right to Buy) | $0.63 | J | 200000 | Disposed | 2023-08-08 | Voting Common Stock (200000.0) | Direct |
Footnotes
F1: In connection with the vesting of equity awards held by departing directors pursuant to the Company's previously disclosed Settlement Agreement, stock option awards held by the departing directors, including Mr. Roberts, were terminated by the Company, and the Company made new stock option awards to the departing directors.
F2: Award under 2006 Equity Incentive Plan. Award vests immediately.
F3: Option award was terminated in connection with option award of the same number of underlying shares at the same exercise price.