Timothy E. Taylor - 06 Dec 2022 Form 4 Insider Report for Globalstar, Inc. (GSAT)

Role
Director
Signature
Arthur McMahon III, attorney-in-fact
Issuer symbol
GSAT
Transactions as of
06 Dec 2022
Net transactions value
+$212,400
Form type
4
Filing time
08 Dec 2022, 20:39:55 UTC
Previous filing
18 Nov 2022
Next filing
12 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 $212,400 +120,000 +4.2% $1.77 2,980,136 06 Dec 2022 Direct F1
holding GSAT Voting Common Stock 13,833,649 06 Dec 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 Award of Restricted Stock under 2006 Equity Incentive Plan. One-third of the awarded shares vested immediately upon grant. One-third vests on the first anniversary of the grant date, and one-third vests on the second anniversary of the grant date.