L. Barbee Ponder IV - Mar 10, 2025 Form 4 Insider Report for Globalstar, Inc. (GSAT)

Role
General Counsel
Signature
Kelly C. Simoneaux, attorney-in-fact for L. Barbee Ponder IV
Stock symbol
GSAT
Transactions as of
Mar 10, 2025
Transactions value $
-$5,582
Form type
4
Date filed
3/12/2025, 05:46 PM
Previous filing
Mar 11, 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 +506 +0.35% $0.00 146K Mar 10, 2025 Direct F1
transaction GSAT Voting Common Stock Sale -$5.58K -252 -0.17% $22.15 145K Mar 12, 2025 Direct F2, F3
* 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 Globalstar, Inc.'s Equity Incentive Plan, which vested immediately upon the grant.
F2 Shares sold to cover taxes due upon the vesting of restricted stock.
F3 The shares were sold in multiple transactions at prices ranging from $22.0301 to $22.3001 per share. The price reported reflects the volume weighted average price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.