Benjamin G. Wolff - 06 Jan 2025 Form 4 Insider Report for Globalstar, Inc. (GSAT)

Role
Director
Signature
Kelly C. Simoneaux, attorney-in-fact for Benjamin G. Wolff
Issuer symbol
GSAT
Transactions as of
06 Jan 2025
Net transactions value
$0
Form type
4
Filing time
07 Jan 2025, 17:26:13 UTC
Previous filing
05 Nov 2024
Next filing
10 Mar 2025
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 $0 +22,831 +2.9% $0.000000 800,701 06 Jan 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GSAT Stock Option (Right to Buy) Award $0 +100,000 $0.000000 100,000 06 Jan 2025 Voting Common Stock 100,000 $2.19 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock under the Issuer's Equity Incentive Plan. The awarded shares vest on January 6, 2026.
F2 Represents an award under the Issuer's Equity Incentive Plan. The awarded options vest and become exercisable as to one third on each of January 6, 2026, 2027, and 2028.