Timothy E. Taylor - 07 Dec 2023 Form 4 Insider Report for Globalstar, Inc. (GSAT)

Role
VP, Finance & Operations, Director
Signature
/s/ Arthur McMahon, III, attorney-in-fact for Timothy E. Taylor
Issuer symbol
GSAT
Transactions as of
07 Dec 2023
Net transactions value
+$176,400
Form type
4
Filing time
04 Jan 2024, 16:19:48 UTC
Previous filing
22 Jun 2023
Next filing
04 Jan 2024
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 Award $176,400 +120,000 +3.8% $1.47 3,279,762 07 Dec 2023 Direct F1
holding GSAT Voting Common Stock 11,463,649 07 Dec 2023 By Thermo Investments III, LLC
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of Restricted Stock under the Issuer's Equity Incentive Plan. One-third of the awarded shares vested immediately. The remaining two-thirds vests in equal amounts on first and second anniversary of the grant date.