Navarra Anthony J 4
4 · Globalstar, Inc. · Filed Apr 12, 2012
Insider Transaction Report
Form 4
Globalstar, Inc.GSAT
Navarra Anthony J
Pres., Global Operations
Transactions
- Award
Stock Option (Right to Buy)
2011-10-04+100,000→ 100,000 totalExercise: $0.40Exp: 2021-10-04→ Voting Common Stock (100,000 underlying)
Footnotes (1)
- [F1]Options become exercisable on the earlier of (i) the first trading day after the company's voting common stock trades for more than 10 consecutive days at or above the closing price of $2.50 and (ii) the day that a binding written agreement is signed for the sale of the company, as determined by the Board of Directors in its reasonable discretion.