4//SEC Filing
JACOBS PAUL E 4
Accession 0001366868-24-000036
CIK 0001366868other
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 8:52 PM ET
Size
8.0 KB
Accession
0001366868-24-000036
Insider Transaction Report
Form 4
Globalstar, Inc.GSAT
JACOBS PAUL E
DirectorChief Executive Officer
Transactions
- Tax Payment
Voting Common Stock
2024-03-05$1.33/sh−78,035$103,787→ 76,523 total - Award
Voting Common Stock
2024-03-05$1.33/sh+127,820$170,001→ 154,558 total
Holdings
- 1(indirect: By XCOM Labs, Inc.)
Voting Common Stock
- 16,745,989(indirect: By Trust)
Voting Common Stock
Footnotes (4)
- [F1]Award of Restricted Stock under Globalstar, Inc.'s Equity Incentive Plan, which vested immediately upon the grant.
- [F2]Shares automatically withheld, based on the fair market value of the Common Stock on the vesting date, to pay required withholding taxes upon the vesting of the Restricted Stock Award reported above.
- [F3]Represents shares held by XCOM, a corporation controlled by the reporting person.
- [F4]Represents shares acquired by The Paul Eric Jacobs Trust, DTD April 9, 2018 in exchange for forgiveness of XCOM debt.
Documents
Issuer
Globalstar, Inc.
CIK 0001366868
Entity typeother
Related Parties
1- filerCIK 0001191310
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 8:52 PM ET
- Size
- 8.0 KB