Monte Paul A 4
4 · Globalstar, Inc. · Filed Sep 2, 2009
Insider Transaction Report
Form 4
Globalstar, Inc.GSAT
Monte Paul A
VP, Eng. & Prod. Develop.
Transactions
- Sale
Common Stock
2009-09-01$0.81/sh−25,000$20,250→ 51,147 total - Sale
Common Stock
2009-08-31$0.85/sh−16,029$13,625→ 76,147 total
Footnotes (2)
- [F1]16,029 shares sold to pay required withholding taxes upon vesting of previously reported restricted stock awards, in accordance with prior instructions from the Issuer and the Reporting Person to a third party administrator to sell automatically sufficient shares to pay required withholding taxes.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.8486 to $0.8532. The Reporting Person undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth above.