JACOBS PAUL E 4
4 · Globalstar, Inc. · Filed Mar 12, 2025
Insider Transaction Report
Form 4
Globalstar, Inc.GSAT
JACOBS PAUL E
DirectorChief Executive Officer
Transactions
- Sale
Voting Common Stock
2025-03-12$22.15/sh−7,087$156,993→ 12,374 total - Award
Voting Common Stock
2025-03-10+13,806→ 19,461 total
Holdings
- 209,546(indirect: By Virewirx, Inc. (f/k/a XCOM Labs, Inc.))
Voting Common Stock
- 1,116,400(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 sold to cover taxes due upon the vesting of restricted stock.
- [F3]The shares were sold in multiple transactions at prices ranging from $22.0301 to $22.3001 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.
- [F4]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.