L. Barbee Ponder IV - 09 Dec 2024 Form 4 Insider Report for Globalstar, Inc. (GSAT)

Signature
Kelly C. Simoneaux, attorney-in-fact for L. Barbee Ponder IV
Issuer symbol
GSAT
Transactions as of
09 Dec 2024
Net transactions value
-$160,467
Form type
4
Filing time
11 Dec 2024, 18:18:31 UTC
Previous filing
10 Dec 2024
Next filing
31 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GSAT Voting Common Stock Sale $80,275 -37,688 -1.8% $2.13 2,095,865 09 Dec 2024 Direct F1
transaction GSAT Voting Common Stock Sale $80,191 -38,624 -1.8% $2.08 2,057,241 10 Dec 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.