Form 4 for GSAT Globalstar, Inc.
Accepted 2022-11-16 00:00:00 ET · period of report 2022-11-14 · accession 0001366868-22-000108 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-11-16 | 2022-11-14 | GSAT | LOVETT MICHAEL J | Dir | M - OptEx | $0.4717 | +200.0K | 488.5K | +69% | +$94.3K |
| DM | 2022-11-16 | 2022-11-14 | GSAT | LOVETT MICHAEL J | Dir | M - OptEx | $0.00 | -200.0K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Voting Common Stock | 2022-11-14 | M | A | 66,666 | $0.54 | 588,467 | D | — | — | |
| 2 | Common | Voting Common Stock | 2022-11-14 | M | A | 33,333 | $0.34 | 521,801 | D | — | — | |
| 3 | Common | Voting Common Stock | 2022-11-14 | M | A | 100,000 | $0.47 | 488,468 | D | — | — | |
| 4 | Derivative | Stock Option (Right to Buy) | 2022-11-14 | M | D | 66,666 | $0.00 | 33,334 | D | $0.54 · — to 2030-01-02 | 66,666 Voting Common Stock | (F2) Options became or will become exercisable as to one third each on January 2, 2021, January 2, 2022 and January 2, 2023. |
| 5 | Derivative | Stock Option (Right to Buy) | 2022-11-14 | M | D | 33,333 | $0.00 | 66,667 | D | $0.34 · — to 2031-01-02 | 33,333 Voting Common Stock | (F1) Options became or will become exercisable as to one third each on January 2, 2022, January 2, 2023 and January 2, 2024. |
| 6 | Derivative | Stock Option (Right to Buy) | 2022-11-14 | M | D | 100,000 | $0.00 | 0 | D | $0.47 · 2021-12-27 to 2028-12-27 | 100,000 Voting Common Stock |