William A. Hasler - Jan 4, 2022 Form 4 Insider Report for Globalstar, Inc. (GSAT)

Role
Director
Signature
/s/ Arthur McMahon, III, attorney-in-fact for William A. Hasler
Stock symbol
GSAT
Transactions as of
Jan 4, 2022
Transactions value $
$50,001
Form type
4
Date filed
1/6/2022, 04:34 PM
Previous filing
May 12, 2021
Next filing
May 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GSAT Voting Common Stock Award $50K +43.1K +6.34% $1.16 723K Jan 4, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GSAT Stock Option (Right to Buy) Award $0 +100K $0.00 100K Jan 4, 2022 Voting Common Stock 100K $1.16 Direct F2, F3
holding GSAT Stock Option (Right to Buy) 100K Jan 4, 2022 Voting Common Stock 100K $0.34 Direct F4
holding GSAT Stock Option (Right to Buy) 200K Jan 4, 2022 Voting Common Stock 200K $0.63 Direct
holding GSAT Stock Option (Right to Buy) 100K Jan 4, 2022 Voting Common Stock 100K $2.75 Direct
holding GSAT Stock Option (Right to Buy) 100K Jan 4, 2022 Voting Common Stock 100K $0.47 Direct
holding GSAT Stock Option (Right to Buy) 100K Jan 4, 2022 Stock Option (Right to Buy) 100K $0.54 Direct F5
holding GSAT Stock Option (Right to Buy) 300K Jan 4, 2022 Voting Common Stock 300K $1.19 Direct
holding GSAT Stock Option (Right to Buy) 200K Jan 4, 2022 Voting Common Stock 200K $0.83 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of Restricted Stock under 2006 Equity Incentive Plan. Award vests on January 4, 2023.
F2 Award under 2006 Equity Incentive Plan.
F3 Award vests and becomes exercisable as to one third on each of January 4, 2023, January 4, 2024 and January 4, 2025.
F4 Award vests and becomes exercisable as to one third on each of January 2, 2022, January 2, 2023 and January 2, 2024.
F5 Award vests and becomes exercisable as to one third on each of January 2, 2021, January 2, 2022 and January 2, 2023.