Globalstar, Inc. 4
4 · Globalstar, Inc. · Filed Nov 14, 2014
Insider Transaction Report
Form 4
Globalstar, Inc.GSAT
Roberts Richard S
DirectorCorporate Secretary
Transactions
- Purchase
Voting Common Stock
2014-11-12$2.69/sh+50,800$136,489→ 50,800 total
Holdings
- 200,000
Stock Option (Right to Buy)
Exercise: $0.63Exp: 2023-08-08→ Voting Common Stock (200,000 underlying) - 200,000
Stock Option (Right to Buy)
Exercise: $1.19From: 2014-05-03Exp: 2021-05-03→ Voting Common Stock (200,000 underlying) - 200,000
Stock Option (Right to Buy)
Exercise: $0.38From: 2008-11-14Exp: 2018-11-14→ Voting Common Stock (200,000 underlying)
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.66 to $2.75. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth above.
- [F2]Options become exercisable on a prorated basis each month from August 2013 to August 2016, subject to forfeiture conditions.