Timothy E. Taylor - Jan 6, 2025 Form 4 Insider Report for Globalstar, Inc. (GSAT)

Role: VP, Finance & Operations, Director
Signature: Kelly C. Simoneaux, attorney-in-fact for Timothy E. Taylor
Stock symbol: GSAT
Transactions as of: Jan 6, 2025
Transactions value $: $0
Form type: 4
Date filed: 1/7/2025, 05:26 PM
Previous filing: Dec 31, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GSAT	Voting Common Stock	Award	$0	+22.8K	+0.65%	$0.00	3.56M	Jan 6, 2025	Direct	F1
holding	GSAT	Voting Common Stock						6.38M	Jan 6, 2025	By Thermo Investments III, LLC

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	+100K		$0.00	100K	Jan 6, 2025	Voting Common Stock	100K	$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.