L. Barbee Ponder IV - 27 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
27 Dec 2024
Net transactions value
$0
Form type
4
Filing time
31 Dec 2024, 15:27:52 UTC
Previous filing
11 Dec 2024
Next filing
11 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GSAT Voting Common Stock Award $0 +81,395 +4% $0.000000 2,138,636 27 Dec 2024 Direct F1
* 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 2006 Equity Incentive Plan (as amended and restated). 50% of the awarded shares will vest on the first anniversary of the grant date and 50% of the awarded shares will vest on the second anniversary of the grant date.