Timothy E. Taylor - 07 Nov 2022 Form 4 Insider Report for Globalstar, Inc. (GSAT)

Role
Director
Signature
Arthur McMahon III, attorney-in-fact
Issuer symbol
GSAT
Transactions as of
07 Nov 2022
Net transactions value
-$7,090,422
Form type
4
Filing time
09 Nov 2022, 19:05:42 UTC
Previous filing
12 May 2022
Next filing
18 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GSAT Voting Common Stock Sale $3,184,000 -1,600,000 -9.1% $1.99 15,900,000 07 Nov 2022 By Thermo Investments III, LLC F1
transaction GSAT Voting Common Stock Sale $1,490,886 -760,656 -4.8% $1.96 15,139,344 08 Nov 2022 By Thermo Investments III, LLC F2
transaction GSAT Voting Common Stock Sale $2,415,536 -1,305,695 -8.6% $1.85 13,833,649 09 Nov 2022 By Thermo Investments III, LLC F3
holding GSAT Voting Common Stock 2,110,136 07 Nov 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were purchased in multiple transactions at prices ranging from $1.96 to $2.08 per share. The price reported reflects the volume weighted average purchase price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
F2 The shares were purchased in multiple transactions at prices ranging from $1.95 to $2.00 per share. The price reported reflects the volume weighted average purchase price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
F3 The shares were purchased in multiple transactions at prices ranging from $1.85 to $1.93 per share. The price reported reflects the volume weighted average purchase price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.