KEITH O. COWAN - 02 Jan 2024 Form 4 Insider Report for Globalstar, Inc. (GSAT)

Role: Director
Signature: /s/ Arthur McMahon, III attorney-in-fact for Keith O. Cowan
Issuer symbol: GSAT
Transactions as of: 02 Jan 2024
Net transactions value: +$50,000
Form type: 4
Filing time: 04 Jan 2024, 16:29:31 UTC
Previous filing: 12 May 2023
Next filing: 14 May 2024
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	$50,000	+26,738	+3.7%	$1.87	741,668	02 Jan 2024	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	02 Jan 2024	Voting Common Stock	100,000	$1.87	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 2, 2025.
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 2, 2025, 2026, and 2027.