Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ALAB | Common Stock | Gift | $0 | -126K | -9.18% | $0.00 | 1.24M | Feb 26, 2025 | By Tate Trust | F1, F2 |
transaction | ALAB | Common Stock | Gift | $0 | +126K | $0.00 | 126K | Feb 26, 2025 | By CRUT Trust | F1, F3 | |
transaction | ALAB | Common Stock | Sale | -$10.4M | -126K | -100% | $82.53 | 0 | Feb 26, 2025 | By CRUT Trust | F3, F4 |
transaction | ALAB | Common Stock | Gift | $0 | -126K | -10.11% | $0.00 | 1.12M | Feb 27, 2025 | By Tate Trust | F2, F5 |
holding | ALAB | Common Stock | 244K | Feb 26, 2025 | Direct |
Id | Content |
---|---|
F1 | Represents a bona fide gift of shares to Michael T Tate and Jeanne Larue Tate as Trustees of the GlobalStar 2025 CRUT (the "CRUT Trust"), a charitable remainder unitrust. |
F2 | These shares are owned directly by Michael T Tate and Jeanne Larue Tate as Trustees of the Tate 1997 Living Trust Dated April 24, 1997 (the "Tate Trust"), of which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of these securities, except to the extent, if any, of his pecuniary interest therein, and the filing of this Form 4 is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. |
F3 | These shares are owned directly by the CRUT Trust, of which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of these securities, except to the extent, if any, of his pecuniary interest therein, and the filing of this Form 4 is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. |
F4 | The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $82.5000 to $82.8200, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
F5 | Represents a bona fide gift of shares to a non-affiliated entity. |