| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GSAT | Voting Common Stock | Sale | $567,294 | -25,756 | -6.1% | $22.03 | 399,821 | 12 Mar 2025 | By Thermo Investments III, LLC | F1, F2 |
| transaction | GSAT | Voting Common Stock | Sale | $13,047 | -577 | -0.14% | $22.61 | 399,244 | 12 Mar 2025 | By Thermo Investments III, LLC | F1, F3 |
| transaction | GSAT | Voting Common Stock | Sale | $484,259 | -22,700 | -5.7% | $21.33 | 376,544 | 13 Mar 2025 | By Thermo Investments III, LLC | F1, F4 |
| transaction | GSAT | Voting Common Stock | Sale | $80,192 | -3,633 | -0.96% | $22.07 | 372,911 | 13 Mar 2025 | By Thermo Investments III, LLC | F1, F5 |
| holding | GSAT | Voting Common Stock | 243,900 | 12 Mar 2025 | Direct |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 28, 2023. |
| F2 | The shares were sold in multiple transactions at prices ranging from $21.5700 to $22.5700 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. |
| F3 | The shares were sold in multiple transactions at prices ranging from $22.5850 to $22.6600 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. |
| F4 | The shares were sold in multiple transactions at prices ranging from $21.0300 to $22.0300 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. |
| F5 | The shares were sold in multiple transactions at prices ranging from $22.0400 to $22.1800 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. |