Globalstar, Inc. — Director's Dealing 2024

Jan 4, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Globalstar, Inc. (GSAT)
CIK: 0001366868
Period of Report: 2024-01-02

Reporting Person: JACOBS PAUL E (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-01-02	Voting Common Stock	A	26738	$1.87	Acquired	26738	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-01-02	Stock Option (Right to Buy)	$1.87	A	100000	Acquired	2034-01-02	Voting Common Stock (100000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Voting Common Stock	1	Indirect
Voting Common Stock	16745989	Indirect

Footnotes

F1: Represents an award of restricted stock under the Issuer's Equity Incentive Plan. The awarded shares vest on January 2, 2025.

F2: Represents an award under the Issuer's Equity Incentive Plan. The awarded options vest and become exercisable as to one third on each of January 2, 2025, 2026, and 2027.