Timothy E. Taylor - Dec 7, 2023 Form 4 Insider Report for Globalstar, Inc. (GSAT)

Signature
/s/ Arthur McMahon, III, attorney-in-fact for Timothy E. Taylor
Stock symbol
GSAT
Transactions as of
Dec 7, 2023
Transactions value $
$176,400
Form type
4
Date filed
1/4/2024, 04:19 PM
Previous filing
Jun 22, 2023
Next filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GSAT Voting Common Stock Award $176K +120K +3.8% $1.47 3.28M Dec 7, 2023 Direct F1
holding GSAT Voting Common Stock 11.5M Dec 7, 2023 By Thermo Investments III, LLC
* 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 the Issuer's Equity Incentive Plan. One-third of the awarded shares vested immediately. The remaining two-thirds vests in equal amounts on first and second anniversary of the grant date.