AI assistant
Globalstar, Inc. — Director's Dealing 2023
Aug 31, 2023
31104_dirs_2023-08-31_833da04d-774d-4ffc-8510-f69296f571c5.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Globalstar, Inc. (GSAT)
CIK: 0001366868
Period of Report: 2023-08-29
Reporting Person: JACOBS PAUL E (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-08-29 | Voting Common Stock | S | 36387975 | $1.1346 | Disposed | 1 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Voting Common Stock | 16745989 | Indirect |
Footnotes
F1: Represents shares sold by XCOM Labs, Inc. ("XCOM") in a private placement to purchasers, including an affiliate of the Thermo Companies, which are controlled by James Monroe, III, the issuer's Executive Chairman, in connection with the Intellectual Property License Agreement and other transactions disclosed in the Form 8-K filed with the Commission on August 31, 2023.
F2: Represents shares held by XCOM, a corporation controlled by the reporting person.
F3: Represents shares held by The Paul Eric Jacobs Trust, DTD April 9, 2018.