L. Barbee Ponder IV - Nov 15, 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
Stock symbol: GSAT
Transactions as of: Nov 15, 2022
Transactions value $: $333,423
Form type: 4
Date filed: 11/17/2022, 02:34 PM
Previous filing: Sep 14, 2022
Next filing: Dec 8, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GSAT	Voting Common Stock	Award	$418K	+220K	+13.53%	$1.90	1.85M	Nov 15, 2022	Direct	F1
transaction	GSAT	Voting Common Stock	Tax liability	-$84.6K	-44.5K	-2.41%	$1.90	1.8M	Nov 15, 2022	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Represents shares of Restricted Stock awarded in connection with the achievement of certain performance incentives. Two-thirds of the awarded shares vested immediately, and the remaining one-third vests on November 15, 2023.
F2	Shares withheld, based on the fair market value of the Voting Common Stock on the grant date, to pay withholding taxes on the portion of the award that vested immediately.