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Globalstar, Inc. Director's Dealing 2022

Nov 17, 2022

31104_dirs_2022-11-17_44d359e9-a8f5-4dba-82b5-da8ca28bc0e8.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: 2022-11-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-11-15	Voting Common Stock	A	170000	$1.90	Acquired	1721859	Direct
2022-11-15	Voting Common Stock	F	62730	$1.90	Disposed	1659129	Direct

Footnotes

F1: Represents shares of Restricted Stock awarded in connection with the achievement of certain performance incentives. Two-thirds of the awarded shares vested immediately, and the remaining one-third vests on November 15, 2023.

F2: Includes 20,147 shares acquired under the Globalstar Employee Stock Purchase Plan on June 14, 2022.

F3: Shares withheld, based on the fair market value of the Voting Common Stock on the grant date, to pay withholding taxes on the portion of the award that vested immediately.