Timothy E. Taylor - Mar 7, 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
Mar 7, 2025
Transactions value $
$0
Form type
4
Date filed
3/11/2025, 05:45 PM
Previous filing
Jan 7, 2025
Next filing
Mar 12, 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 +3.03K +1.28% $0.00 240K Mar 7, 2025 Direct F1, F2
holding GSAT Voting Common Stock 426K Mar 7, 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.