Kagan David B. 4
4 · Globalstar, Inc. · Filed Aug 31, 2023
Insider Transaction Report
Form 4Exit
Globalstar, Inc.GSAT
Kagan David B.
Chief Executive Officer
Transactions
- Award
Voting Common Stock
[F1][F2]2023-08-29+1,500,000→ 5,446,465 total - Tax Payment
Voting Common Stock
[F3][F2]2023-08-29$1.31/sh−371,208$486,282→ 5,075,257 total
Footnotes (3)
- [F1]Represents shares of restricted stock awarded in connection with the achievement of certain performance incentives.
- [F2]Includes 14,853 shares acquired under Globalstar's Employee Stock Purchase Plan on June 14, 2023.
- [F3]Shares automatically withheld, based on the fair market value of the Common Stock on August 29, 2023, to pay required withholding taxes upon the vesting of Restricted Stock Awards.
Signature
/s/ Arthur McMahon, III, attorney-in-fact for David B. Kagan|2023-08-31