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Globalstar, Inc. Director's Dealing 2020

Apr 13, 2020

31104_dirs_2020-04-13_cad99b64-d475-46fd-8f43-8e7da7933d83.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: Taylor Timothy Evan (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-12-06 Voting Common Stock A 120000 $0.4559 Acquired 932604 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (Right to Buy) $0.47 2028-12-27 Voting Common Stock (100000.0) 100000 Direct
Stock Option (Right to Buy) $0.63 2023-07-18 Voting Common Stock (18750.0) 18750 Direct
Stock Option (Right to Buy) $2.58 2024-12-12 Voting Common Stock (40000.0) 40000 Direct
Stock Option (Right to Buy) $1.97 2023-12-13 Voting Common Stock (26800.0) 26800 Direct
Stock Option (Right to Buy) $0.54 2030-01-02 Voting Common Stock (100000.0) 100000 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 106,383 shares which were inadvertently omitted from prior Form 4 filings.

F3: Options are exercisable.

F4: Award vests and becomes exercisable as to one third on each of January 2, 2021, January 2, 2022 and January 2, 2023.