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Globalstar, Inc. — Director's Dealing 2022
Dec 9, 2022
31104_dirs_2022-12-08_3f6449b8-3845-4629-9e93-2a7c67d54825.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Globalstar, Inc. (GSAT)
CIK: 0001366868
Period of Report: 2022-12-06
Reporting Person: Ponder L Barbee IV (General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-12-06 | Voting Common Stock | A | 120000 | $1.77 | Acquired | 2221904 | Direct |
| 2022-12-06 | Voting Common Stock | F | 12139 | $1.77 | Disposed | 2209765 | Direct |
| 2022-12-07 | Voting Common Stock | F | 12143 | $1.71 | Disposed | 2197622 | Direct |
Footnotes
F1: Award of Restricted Stock under 2006 Equity Incentive Plan. One-third of the awarded shares vested immediately upon grant. One-third vests on the first anniversary of the grant date, and one-third vests on the second anniversary of the grant date.
F2: Shares automatically withheld, based on the fair market value of the Common Stock on December 6, 2022, 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.
F3: Shares automatically withheld, based on the fair market value of the Common Stock on December 7, 2022, 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.