James Monroe III - Dec 13, 2024 Form 4 Insider Report for Globalstar, Inc. (GSAT)

Role
Director, 10%+ Owner
Signature
/s/ Kelly C. Simoneaux, attorney-in-fact for James Monroe III
Stock symbol
GSAT
Transactions as of
Dec 13, 2024
Transactions value $
$997,500
Form type
4
Date filed
12/16/2024, 08:01 AM
Previous filing
Jul 1, 2024
Next filing
Dec 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GSAT Voting Common Stock Purchase $998K +500K +7.32% $2.00 7.33M Dec 13, 2024 By Thermo Properties II, LLC F1
holding GSAT Voting Common Stock 197M Dec 13, 2024 Thermo Funding Company
holding GSAT Voting Common Stock 8.71M Dec 13, 2024 Thermo XCOM LLC
holding GSAT Voting Common Stock 641K Dec 13, 2024 By FL Investment Holdings LLC
holding GSAT Voting Common Stock 881M Dec 13, 2024 Thermo Funding II LLC
holding GSAT Voting Common Stock 3M Dec 13, 2024 Monroe Irr. Educational Trust
holding GSAT Voting Common Stock 200K Dec 13, 2024 By Thermo Investments Limited Partnership
holding GSAT Voting Common Stock 619K Dec 13, 2024 By Globalstar Satellite L.P.
holding GSAT Voting Common Stock 29.3K Dec 13, 2024 By James Monroe III Grantor Trust
holding GSAT Voting Common Stock 654K Dec 13, 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were purchased in multiple transactions at prices ranging from $1.965 to $2.02 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 purchased at each separate price.

Remarks:

The reporting person's direct holdings were inadvertently omitted from his Form 4 filings on July 1, 2024 and December 13, 2024.