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4//SEC Filing

JACOBS PAUL E 4

Accession 0001366868-25-000002

CIK 0001366868other

View on SEC.gov Company Profile

Filed

Jan 6, 7:00 PM ET

Accepted

Jan 7, 5:25 PM ET

Size

360.6 KB

Accession

0001366868-25-000002

Insider Transaction Report

Form 4

Period: 2025-01-06

Globalstar, Inc.GSAT

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 total
Exercise: $2.19From: 2026-01-06Exp: 2035-01-06→ Voting Common Stock (100,000 underlying)

Holdings

Voting Common Stock
(indirect: By Virewirx, Inc. (f/k/a XCOM Labs, Inc.))
3,143,182
Voting Common Stock
(indirect: By Trust)
16,745,989

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.

Documents

3 files

Issuer

Globalstar, Inc.

CIK 0001366868

Entity typeother

Related Parties

1

filerCIK 0001191310

Filing Metadata

Form type: 4
Filed: Jan 6, 7:00 PM ET
Accepted: Jan 7, 5:25 PM ET
Size: 360.6 KB

View on SEC.gov