David Kagan - 04 Sep 2021 Form 4 Insider Report for Globalstar, Inc. (GSAT)

Role
Chief Executive Officer
Signature
/s/ Arthur McMahon, III, attorney-in-fact for David B. Kagan
Issuer symbol
GSAT
Transactions as of
04 Sep 2021
Transactions value $
-$242,550
Form type
4
Filing time
07 Sep 2021, 17:16:36 UTC
Next filing
10 Dec 2021
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 Tax liability -$242,550 -110,250 -2.1% $2.2 5,162,580 04 Sep 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares automatically withheld, based on the fair market value of the Common Stock on September 3, 2021, to pay required withholding taxes upon the vesting of a Restricted Stock Award under the Company's Equity Incentive Plan. The full award was previously reported.
F2 Includes 49,874 shares acquired under the Globalstar Employee Stock Purchase Plan on June 14, 2021.