Timothy E. Taylor - 15 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
15 Nov 2022
Net transactions value
+$475,000
Form type
4
Filing time
17 Nov 2022, 14:38:11 UTC
Previous filing
09 Nov 2022
Next filing
08 Dec 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 $475,000 +250,000 +12% $1.90 2,360,136 15 Nov 2022 Direct F1
holding GSAT Voting Common Stock 13,833,649 15 Nov 2022 By Thermo Investments III, LLC
* 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.