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Globalstar, Inc. Director's Dealing 2020

Apr 13, 2020

31104_dirs_2020-04-13_1b4d8f67-5b29-40b5-90b6-324c324c096c.zip

Director's Dealing

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SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: Globalstar, Inc. (GSAT)
CIK: 0001366868
Period of Report: 2019-12-31

Reporting Person: Kagan David B. (Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-12-06 Voting Common Stock A 120000 $0.4559 Acquired 4665722 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (Right to Buy) $1.21 2026-01-13 Voting Common Stock (250000.0) 250000 Direct

Footnotes

F1: Award under 2006 Equity Incentive Plan. Award vests as to one-third immediately and one-third on each of December 6, 2020 and 2021.

F2: Includes 83,362 shares acquired under the Globalstar Employee Stock Purchase Plan on June 15, 2019