Ponder L Barbee IV 4
4 · Globalstar, Inc. · Filed Mar 11, 2025
Insider Transaction Report
Form 4
Globalstar, Inc.GSAT
Ponder L Barbee IV
General Counsel
Transactions
- Award
Voting Common Stock
2025-03-07+3,032→ 145,608 total - Sale
Voting Common Stock
2025-03-11$21.71/sh−488$10,594→ 145,120 total
Footnotes (3)
- [F1]Award of Restricted Stock under the Issuer's 2006 Equity Incentive Plan (as amended and restated). 1/3rd of the awarded shares vested immediately on the grant date. 1/3 of the awarded shares will vest on the first anniversary of the grant date and 1/3rd of the awarded shares will vest on the second anniversary of the grant date.
- [F2]The shares were sold in multiple transactions at prices ranging from $21.50 to $21.90 per share. The price reported reflects the volume weighted average price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F3]The number of shares of voting common stock reported in this Form 4 have been adjusted to reflect the Issuer's 1 for 15 reverse stock spilt effected on February 10, 2025.