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Globalstar, Inc. — Director's Dealing 2023
Sep 1, 2023
31104_dirs_2023-08-31_b4fe929f-a432-4807-a667-7b41c24d4a2f.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: 2023-08-29
Reporting Person: Kagan David B. (Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-08-29 | Voting Common Stock | A | 1500000 | — | Acquired | 5446465 | Direct |
| 2023-08-29 | Voting Common Stock | F | 371208 | $1.31 | Disposed | 5075257 | Direct |
Footnotes
F1: Represents shares of restricted stock awarded in connection with the achievement of certain performance incentives.
F2: Includes 14,853 shares acquired under Globalstar's Employee Stock Purchase Plan on June 14, 2023.
F3: Shares automatically withheld, based on the fair market value of the Common Stock on August 29, 2023, to pay required withholding taxes upon the vesting of Restricted Stock Awards.
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