Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GSAT | Voting Common Stock | Award | $0 | +1.5M | +38.01% | $0.00 | 5.45M | Aug 29, 2023 | Direct | F1, F2 |
transaction | GSAT | Voting Common Stock | Tax liability | -$486K | -371K | -6.82% | $1.31 | 5.08M | Aug 29, 2023 | Direct | F2, F3 |
David Kagan is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
---|---|
F1 | Represents shares of restricted stock awarded in connection with the achievement of certain performance incentives. |
F2 | Includes 14,853 shares acquired under Globalstar's Employee Stock Purchase Plan on June 14, 2023. |
F3 | Shares automatically withheld, based on the fair market value of the Common Stock on August 29, 2023, to pay required withholding taxes upon the vesting of Restricted Stock Awards. |