Kagan David B. 4
4 · Globalstar, Inc. · Filed Mar 14, 2023
Insider Transaction Report
Form 4
Globalstar, Inc.GSAT
Kagan David B.
Chief Executive Officer
Transactions
- Award
Voting Common Stock
[F1]2023-03-06+500,000→ 4,131,075 total - Tax Payment
Voting Common Stock
[F2]2023-03-06$1.16/sh−199,463$231,377→ 3,931,612 total
Footnotes (2)
- [F1]Represents shares of restricted stock awarded in connection with the achievement of certain performance incentives. 250,000 shares were granted on December 6, 2017. 250,000 additional shares were granted on September 4, 2018.
- [F2]Shares automatically withheld, based on the fair market value of the Common Stock on March 6, 2023, to pay required withholding taxes upon the vesting of the Restricted Stock Award reported above.
Signature
/s/ Arthur McMahon, III, attorney-in-fact for David B. Kagan|2023-03-14