Globalstar, Inc. — Director's Dealing 2025

Jan 7, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Globalstar, Inc. (GSAT)
CIK: 0001366868
Period of Report: 2025-01-06

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-01-06	Voting Common Stock	A	22831	—	Acquired	99354	Direct
2025-01-06	Voting Common Stock	S	14539	$2.19	Disposed	84815	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	3143182	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 6, 2026.

F2: Shares sold to cover taxes due upon the vesting of restricted stock granted in January 2024.

F3: 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.