Key facts
- This page summarizes Paul E. Jacobs's Form 4 filing for Globalstar, Inc. (GSAT).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 31 Aug 2023, 17:59.
Paul E. Jacobs - 29 Aug 2023 Form 4 Insider Report for Globalstar, Inc. (GSAT)
- Reporting relationship
- Chief Executive Officer, Director
- Issuer ticker
- GSAT
- Reported as of
- 29 Aug 2023
- Net transaction value
- -$41,285,796
- SEC form
- 4
- Accepted by SEC
- 31 Aug 2023, 17:59:49 UTC
- Prior SEC filing
- 22 May 2023
- Next SEC filing
- 27 Sep 2023
- Source filing
- View source filing
- Reporting owner signature
- Paul E. Jacobs
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Paul E. Jacobs filed Form 4 for Globalstar, Inc. (GSAT) on 31 Aug 2023.
Change
- Previous filing in this sequence was filed on 22 May 2023.
- Current net transaction value: -$41,285,796.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
GSAT
transaction
Voting Common Stock
Sale
- Transaction value
- $41,285,796
- Shares
- -36,387,975
- Change %
- -100%
- Price
- $1.13
- Shares after
- 1
- Date
- 29 Aug 2023
- Ownership
- By XCOM Labs, Inc.
- Footnotes
- F1, F2
GSAT
holding
Voting Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 16,745,989
- Date
- 29 Aug 2023
- Ownership
- By Trust
- Footnotes
- F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Represents shares sold by XCOM Labs, Inc. ("XCOM") in a private placement to purchasers, including an affiliate of the Thermo Companies, which are controlled by James Monroe, III, the issuer's Executive Chairman, in connection with the Intellectual Property License Agreement and other transactions disclosed in the Form 8-K filed with the Commission on August 31, 2023.
Footnote F2
Represents shares held by XCOM, a corporation controlled by the reporting person.
Footnote F3
Represents shares held by The Paul Eric Jacobs Trust, DTD April 9, 2018.