James Monroe III - May 9, 2023 Form 4 Insider Report for Globalstar, Inc. (GSAT)

Role
Director, 10%+ Owner
Signature
/s/ Arthur McMahon, III, attorney-in-fact for James Monroe III
Stock symbol
GSAT
Transactions as of
May 9, 2023
Transactions value $
$5,151,224
Form type
4
Date filed
5/11/2023, 05:25 PM
Previous filing
Jan 5, 2023
Next filing
May 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GSAT Voting Common Stock Purchase $2.91M +3M +3000% $0.97 3.1M May 9, 2023 By Thermo Properties II, LLC F1
transaction GSAT Voting Common Stock Purchase $1.54M +1.56M +50.16% $0.99 4.66M May 10, 2023 By Thermo Properties II, LLC F2
transaction GSAT Voting Common Stock Purchase $702K +709K +15.23% $0.99 5.36M May 11, 2023 By Thermo Properties II, LLC F3
holding GSAT Voting Common Stock 876M May 9, 2023 Thermo Funding II LLC
holding GSAT Voting Common Stock 641K May 9, 2023 By FL Investment Holdings LLC
holding GSAT Voting Common Stock 200K May 9, 2023 By Thermo Investments Limited Partnership
holding GSAT Voting Common Stock 619K May 9, 2023 By Globalstar Satellite L.P.
holding GSAT Voting Common Stock 627K May 9, 2023 Direct
holding GSAT Voting Common Stock 197M May 9, 2023 Thermo Funding Company
holding GSAT Voting Common Stock 29.3K May 9, 2023 By James Monroe III Grantor Trust
holding GSAT Voting Common Stock 3M May 9, 2023 Monroe Irr. Educational Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were purchased in multiple transactions at prices ranging from $0.93 to $1.02 per share. The price reported reflects the volume weighted average purchase 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 purchased at each separate price.
F2 The shares were purchased in multiple transactions at prices ranging from $0.99 to $1.00 per share. The price reported reflects the volume weighted average purchase 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 purchased at each separate price.
F3 The shares were purchased in multiple transactions at prices ranging from $0.98 to $1.00 per share. The price reported reflects the volume weighted average purchase 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 purchased at each separate price.