L. Barbee Ponder IV - Dec 9, 2024 Form 4 Insider Report for Globalstar, Inc. (GSAT)

Role
General Counsel
Signature
Kelly C. Simoneaux, attorney-in-fact for L. Barbee Ponder IV
Stock symbol
GSAT
Transactions as of
Dec 9, 2024
Transactions value $
-$160,467
Form type
4
Date filed
12/11/2024, 06:18 PM
Previous filing
Dec 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GSAT Voting Common Stock Sale -$80.3K -37.7K -1.77% $2.13 2.1M Dec 9, 2024 Direct F1
transaction GSAT Voting Common Stock Sale -$80.2K -38.6K -1.84% $2.08 2.06M Dec 10, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person sold shares to cover the required withholding taxes due in connection with the vesting of Restricted Stock awards.
F2 The shares were sold in multiple transactions at prices ranging from $2.0501 to $2.625 per share. The price reported reflects the volume weighted average 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 sold at each separate price.