Timothy E. Taylor - Dec 8, 2022 Form 4 Insider Report for Globalstar, Inc. (GSAT)

Role
Director
Signature
Arthur McMahon III, attorney-in-fact
Stock symbol
GSAT
Transactions as of
Dec 8, 2022
Transactions value $
-$1,275,258
Form type
4
Date filed
12/12/2022, 06:34 PM
Previous filing
Dec 8, 2022
Next filing
Jan 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GSAT Voting Common Stock Sale -$622K -395K -2.86% $1.57 13.4M Dec 8, 2022 By Thermo Investments III, LLC F1, F2
transaction GSAT Voting Common Stock Sale -$654K -395K -2.94% $1.65 13M Dec 9, 2022 By Thermo Investments III, LLC F1, F3
holding GSAT Voting Common Stock 2.98M Dec 8, 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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, 2022.
F2 The shares were sold in multiple transactions at prices ranging from $1.51 to $1.62 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 $1.615 to $1.715 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.