James Monroe III - 01 Jun 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
Issuer symbol
GSAT
Transactions as of
01 Jun 2023
Net transactions value
+$603,734
Form type
4
Filing time
05 Jun 2023, 18:46:59 UTC
Previous filing
17 May 2023
Next filing
31 Aug 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 Purchase $107,072 +97,338 +1.7% $1.10 5,681,736 01 Jun 2023 By Thermo Properties II, LLC F1
transaction GSAT Voting Common Stock Purchase $285,000 +250,000 +4.4% $1.14 5,931,736 02 Jun 2023 By Thermo Properties II, LLC F2
transaction GSAT Voting Common Stock Purchase $211,662 +184,054 +3.1% $1.15 6,115,790 05 Jun 2023 By Thermo Properties II, LLC
holding GSAT Voting Common Stock 875,540,711 01 Jun 2023 Thermo Funding II LLC
holding GSAT Voting Common Stock 640,750 01 Jun 2023 By FL Investment Holdings LLC
holding GSAT Voting Common Stock 200,200 01 Jun 2023 By Thermo Investments Limited Partnership
holding GSAT Voting Common Stock 618,558 01 Jun 2023 By Globalstar Satellite L.P.
holding GSAT Voting Common Stock 626,930 01 Jun 2023 Direct
holding GSAT Voting Common Stock 197,139,972 01 Jun 2023 Thermo Funding Company
holding GSAT Voting Common Stock 29,334 01 Jun 2023 By James Monroe III Grantor Trust
holding GSAT Voting Common Stock 3,000,000 01 Jun 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 $1.10 to $1.11 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 $1.12 to $1.20 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.