Michael J. Lovett - 14 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
14 Nov 2022
Net transactions value
+$94,286
Form type
4
Filing time
16 Nov 2022, 15:33:39 UTC
Previous filing
06 Jan 2022
Next filing
05 Jan 2023
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 Options Exercise $47,000 +100,000 +26% $0.4700 488,468 14 Nov 2022 Direct
transaction GSAT Voting Common Stock Options Exercise $11,287 +33,333 +6.8% $0.3386 521,801 14 Nov 2022 Direct
transaction GSAT Voting Common Stock Options Exercise $36,000 +66,666 +13% $0.5400 588,467 14 Nov 2022 Direct

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) Options Exercise $0 -100,000 -100% $0.000000* 0 14 Nov 2022 Voting Common Stock 100,000 $0.4700 Direct
transaction GSAT Stock Option (Right to Buy) Options Exercise $0 -33,333 -33% $0.000000 66,667 14 Nov 2022 Voting Common Stock 33,333 $0.3386 Direct F1
transaction GSAT Stock Option (Right to Buy) Options Exercise $0 -66,666 -67% $0.000000 33,334 14 Nov 2022 Voting Common Stock 66,666 $0.5400 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options became or will become exercisable as to one third each on January 2, 2022, January 2, 2023 and January 2, 2024.
F2 Options became or will become exercisable as to one third each on January 2, 2021, January 2, 2022 and January 2, 2023.