Globalstar, Inc. — Director's Dealing 2020

Apr 13, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Globalstar, Inc. (GSAT)
CIK: 0001366868
Period of Report: 2020-03-04

Reporting Person: Clary Rebecca (VP & Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-04	Voting Common Stock	A	182983	$0.44	Acquired	1010521	Direct
2020-03-04	Voting Common Stock	F	63495	$0.44	Disposed	947026	Direct
2020-04-08	Voting Common Stock	A	250000	$0.2998	Acquired	1197026	Direct
2020-04-08	Voting Common Stock	F	23478	$0.2998	Disposed	1173548	Direct

Footnotes

F1: Award under 2006 Equity Incentive Plan.

F2: Shares withheld, based on the fair market value of the Common Stock on March 4, 2020, to pay required withholding taxes for the award of shares disclosed herein.

F3: Award under 2006 Equity Incentive Plan. Award vests as to one-third immediately and one-third on each of April 8, 2021 and 2022.

F4: Shares withheld, based on the fair market value of the Common Stock on April 8, 2020, to pay required withholding taxes for the award of shares disclosed herein.