Kagan David B. 4
4 · Globalstar, Inc. · Filed Dec 8, 2022
Insider Transaction Report
Form 4
Globalstar, Inc.GSAT
Kagan David B.
Chief Executive Officer
Transactions
- Award
Voting Common Stock
[F1]2022-12-06$1.77/sh+120,000$212,400→ 3,615,556 total - Tax Payment
Voting Common Stock
[F2]2022-12-06$1.77/sh−15,739$27,858→ 3,599,817 total - Tax Payment
Voting Common Stock
[F3]2022-12-07$1.71/sh−15,744$26,922→ 3,584,073 total
Footnotes (3)
- [F1]Award of Restricted Stock under 2006 Equity Incentive Plan. One-third of the awarded shares vested immediately upon grant. One-third vests on the first anniversary of the grant date, and one-third vests on the second anniversary of the grant date.
- [F2]Shares automatically withheld, based on the fair market value of the Common Stock on December 6, 2022, 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.
- [F3]Shares automatically withheld, based on the fair market value of the Common Stock on December 7, 2022, 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.
Signature
/s/ Arthur McMahon, III, attorney-in-fact for David B. Kagan|2022-12-08