L. Barbee Ponder IV - 03 Mar 2022 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: 03 Mar 2022
Net transactions value: +$53,748
Form type: 4
Filing time: 08 Mar 2022, 15:18:53 UTC
Previous filing: 03 Mar 2022
Next filing: 12 Sep 2022
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	Award	$80,000	+62,992	+4.1%	$1.27	1,598,650	03 Mar 2022	Direct	F1
transaction	GSAT	Voting Common Stock	Tax liability	$26,252	-20,671	-1.3%	$1.27	1,577,979	03 Mar 2022	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Award under 2006 Equity Incentive Plan. Award vests immediately.
F2	Shares automatically withheld, based on the fair market value of the Common Stock on March 3, 2022, to pay required withholding taxes for the award of shares disclosed herein.