Timothy E. Taylor - 07 Mar 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
Issuer symbol
GSAT
Transactions as of
07 Mar 2025
Net transactions value
$0
Form type
4
Filing time
11 Mar 2025, 17:45:06 UTC
Previous filing
07 Jan 2025
Next filing
12 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 +3,032 +1.3% $0.000000 240,264 07 Mar 2025 Direct F1, F2
holding GSAT Voting Common Stock 425,577 07 Mar 2025 By Thermo Investments III, LLC
* 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). 1/3rd of the awarded shares vested immediately on the grant date. 1/3 of the awarded shares will vest on the first anniversary of the grant date and 1/3rd of the awarded shares will vest on the second anniversary of the grant date.
F2 The number of shares of voting common stock reported in this Form 4 have been adjusted to reflect the Issuer's 1 for 15 reverse stock spilt effected on February 10, 2025.