Timothy E. Taylor - 08 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
08 Dec 2022
Net transactions value
-$1,275,258
Form type
4
Filing time
12 Dec 2022, 18:34:49 UTC
Previous filing
08 Dec 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 Sale $621,612 -395,000 -2.9% $1.57 13,438,649 08 Dec 2022 By Thermo Investments III, LLC F1, F2
transaction GSAT Voting Common Stock Sale $653,646 -395,000 -2.9% $1.65 13,043,649 09 Dec 2022 By Thermo Investments III, LLC F1, F3
holding GSAT Voting Common Stock 2,980,136 08 Dec 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 28, 2022.
F2 The shares were sold in multiple transactions at prices ranging from $1.51 to $1.62 per share. The price reported reflects the volume weighted average price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3 The shares were sold in multiple transactions at prices ranging from $1.615 to $1.715 per share. The price reported reflects the volume weighted average price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.