David Kagan - Sep 4, 2021 Form 4 Insider Report for Globalstar, Inc. (GSAT)

Role
Chief Executive Officer
Signature
/s/ Arthur McMahon, III, attorney-in-fact for David B. Kagan
Stock symbol
GSAT
Transactions as of
Sep 4, 2021
Transactions value $
-$242,550
Form type
4
Date filed
9/7/2021, 05:16 PM
Next filing
Dec 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GSAT Voting Common Stock Tax liability -$243K -110K -2.09% $2.20 5.16M Sep 4, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares automatically withheld, based on the fair market value of the Common Stock on September 3, 2021, to pay required withholding taxes upon the vesting of a Restricted Stock Award under the Company's Equity Incentive Plan. The full award was previously reported.
F2 Includes 49,874 shares acquired under the Globalstar Employee Stock Purchase Plan on June 14, 2021.