Globalstar, Inc. — Director's Dealing 2020

Dec 9, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Globalstar, Inc. (GSAT)
CIK: 0001366868
Period of Report: 2020-12-06

Reporting Person: Ponder L Barbee IV (General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-06	Voting Common Stock	F	11759	$0.33	Disposed	1206169	Direct
2020-12-07	Voting Common Stock	A	120000	$0.3086	Acquired	1326169	Direct
2020-12-07	Voting Common Stock	F	11759	$0.3086	Disposed	1314410	Direct
2020-12-08	Voting Common Stock	A	1500	$0.32	Acquired	1315910	Direct
2020-12-08	Voting Common Stock	F	441	$0.32	Disposed	1315469	Direct

Footnotes

F1: Shares automatically withheld, based on the fair market value of the Common Stock on December 4, 2020, to pay required withholding taxes upon the vesting of a Restricted Stock Award under the Company's Equity Incentive Plan. The full award was previously reported.

F2: Award under 2006 Equity Incentive Plan. Award vests as to one-third immediately and one-third on each of December 7, 2021 and 2022.

F3: Shares automatically withheld, based on the fair market value of the Common Stock on December 7, 2020, to pay required withholding taxes for the award of shares disclosed herein.

F4: Award under 2006 Equity Incentive Plan. Award vests immediately.

F5: Shares automatically withheld, based on the fair market value of the Common Stock on December 8, 2020, to pay required withholding taxes for the award of shares disclosed herein