JACOBS PAUL E 4
4 · Globalstar, Inc. · Filed Jan 7, 2025
Insider Transaction Report
Form 4
Globalstar, Inc.GSAT
JACOBS PAUL E
DirectorChief Executive Officer
Transactions
- Award
Voting Common Stock
2025-01-06+22,831→ 99,354 total - Sale
Voting Common Stock
2025-01-06$2.19/sh−14,539$31,840→ 84,815 total - Award
Stock Option (Right to Buy)
2025-01-06+100,000→ 100,000 totalExercise: $2.19From: 2026-01-06Exp: 2035-01-06→ Voting Common Stock (100,000 underlying)
Holdings
- 3,143,182(indirect: By Virewirx, Inc. (f/k/a XCOM Labs, Inc.))
Voting Common Stock
- 16,745,989(indirect: By Trust)
Voting Common Stock
Footnotes (3)
- [F1]Represents an award of restricted stock under the Issuer's Equity Incentive Plan. The awarded shares vest on January 6, 2026.
- [F2]Shares sold to cover taxes due upon the vesting of restricted stock granted in January 2024.
- [F3]Represents an award under the Issuer's Equity Incentive Plan. The awarded options vest and become exercisable as to one third on each of January 6, 2026, 2027, and 2028.