L. Barbee Ponder IV - 06 Dec 2021 Form 4 Insider Report for Globalstar, Inc. (GSAT)

Role
General Counsel
Signature
/s/ Arthur McMahon, III, attorney-in-fact for L. Barbee Ponder IV
Issuer symbol
GSAT
Transactions as of
06 Dec 2021
Net transactions value
-$29,990
Form type
4
Filing time
08 Dec 2021, 17:04:25 UTC
Next filing
10 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GSAT Voting Common Stock Tax liability $14,468 -11,763 -0.8% $1.23 1,453,098 06 Dec 2021 Direct F1, F2
transaction GSAT Voting Common Stock Tax liability $15,522 -11,759 -0.81% $1.32 1,441,339 07 Dec 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares automatically withheld, based on the fair market value of the Common Stock on December 6, 2021, to pay required withholding taxes upon the vesting of a Restricted Stock Award under the Company's Equity Incentive Plan. The full award was previously reported.
F2 Includes 74,899 shares acquired under the Globalstar Employee Stock Purchase Plan on June 14, 2021.
F3 Shares automatically withheld, based on the fair market value of the Common Stock on December 7, 2021, to pay required withholding taxes upon the vesting of a Restricted Stock Award under the Company's Equity Incentive Plan. The full award was previously reported.