Michael J. Lovett - Nov 14, 2022 Form 4 Insider Report for Globalstar, Inc. (GSAT)

Role
Director
Signature
Arthur McMahon III, attorney-in-fact
Stock symbol
GSAT
Transactions as of
Nov 14, 2022
Transactions value $
$94,286
Form type
4
Date filed
11/16/2022, 03:33 PM
Previous filing
Jan 6, 2022
Next filing
Jan 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GSAT Voting Common Stock Options Exercise $47K +100K +25.74% $0.47 488K Nov 14, 2022 Direct
transaction GSAT Voting Common Stock Options Exercise $11.3K +33.3K +6.82% $0.34 522K Nov 14, 2022 Direct
transaction GSAT Voting Common Stock Options Exercise $36K +66.7K +12.78% $0.54 588K Nov 14, 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 -100K -100% $0.00* 0 Nov 14, 2022 Voting Common Stock 100K $0.47 Direct
transaction GSAT Stock Option (Right to Buy) Options Exercise $0 -33.3K -33.33% $0.00 66.7K Nov 14, 2022 Voting Common Stock 33.3K $0.34 Direct F1
transaction GSAT Stock Option (Right to Buy) Options Exercise $0 -66.7K -66.67% $0.00 33.3K Nov 14, 2022 Voting Common Stock 66.7K $0.54 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.