Globalstar, Inc. — Director's Dealing 2021

Dec 9, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Globalstar, Inc. (GSAT)
CIK: 0001366868
Period of Report: 2021-12-06

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-06	Voting Common Stock	F	11763	$1.23	Disposed	1462272	Direct
2021-12-07	Voting Common Stock	F	11759	$1.32	Disposed	1450513	Direct

Footnotes

F1: Shares automatically withheld, based on the fair market value of the Common Stock on December 6, 2021, 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: Includes 47,525 shares acquired under the Globalstar Employee Stock Purchase Plan on June 14, 2021, 63,895 shares acquired upon exercise of previously stock options under the Company's Equity Incentive Plan on September 9, 2021, and 15,344 shares acquired upon exercise of previously stock options under the Company's Equity Incentive Plan on October 12, 2021.

F3: Shares automatically withheld, based on the fair market value of the Common Stock on December 7, 2021, 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.