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Globalstar, Inc. Director's Dealing 2023

May 11, 2023

31104_dirs_2023-05-11_4897386d-e3e6-4bc4-958e-4245eb600ba0.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: 2023-05-09

Reporting Person: Monroe James III (Director, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-05-09 Voting Common Stock P 3000000 $0.97 Acquired 3100000 Indirect
2023-05-10 Voting Common Stock P 1555000 $0.99 Acquired 4655000 Indirect
2023-05-11 Voting Common Stock P 708863 $0.99 Acquired 5363863 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Voting Common Stock 875540711 Indirect
Voting Common Stock 640750 Indirect
Voting Common Stock 200200 Indirect
Voting Common Stock 618558 Indirect
Voting Common Stock 626930 Direct
Voting Common Stock 197139972 Indirect
Voting Common Stock 29334 Indirect
Voting Common Stock 3000000 Indirect

Footnotes

F1: The shares were purchased in multiple transactions at prices ranging from $0.93 to $1.02 per share. The price reported reflects the volume weighted average purchase price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.

F2: The shares were purchased in multiple transactions at prices ranging from $0.99 to $1.00 per share. The price reported reflects the volume weighted average purchase price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.

F3: The shares were purchased in multiple transactions at prices ranging from $0.98 to $1.00 per share. The price reported reflects the volume weighted average purchase price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.