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Globalstar, Inc. Director's Dealing 2025

Jan 7, 2025

31104_dirs_2025-01-07_eb5b3ccf-0ccb-46f6-a446-b4400c810c49.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: 2025-01-06

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-01-06 Voting Common Stock A 22831 Acquired 676499 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-01-06 Stock Option (Right to Buy) $2.19 A 100000 Acquired 2035-01-06 Voting Common Stock (100000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Voting Common Stock 197139972 Indirect
Voting Common Stock 12334090 Indirect
Voting Common Stock 640750 Indirect
Voting Common Stock 8708254 Indirect
Voting Common Stock 880621127 Indirect
Voting Common Stock 3000000 Indirect
Voting Common Stock 200200 Indirect
Voting Common Stock 618558 Indirect
Voting Common Stock 29334 Indirect

Footnotes

F1: Represents an award of restricted stock under the Issuer's Equity Incentive Plan. The awarded shares vest on January 6, 2026.

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 6, 2026, 2027, and 2028.