Form 4 for GSAT Globalstar, Inc.
Accepted 2022-12-08 00:00:00 ET · period of report 2022-12-06 · accession 0001366868-22-000125 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2022-12-08 | 2022-12-06+ | GSAT | Clary Rebecca | VP, CFO | F - Tax | $1.74 | -36.3K | 1.91M | -2% | -$63.1K |
| 2022-12-08 | 2022-12-06 | GSAT | Clary Rebecca | VP, CFO | A - Grant | $1.77 | +120.0K | 1.93M | +7% | +$212.4K |
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 | 2022-12-07 | F | D | 18,144 | $1.71 | 1,892,846 | D | — | — | (F3) Shares automatically withheld, based on the fair market value of the Common Stock on December 7, 2022, to pay required withholding taxes upon the vesting of a Restricted Stock Award under the Company's Equity Incentive Plan. The full award was previously reported. |
| 2 | Common | Voting Common Stock | 2022-12-06 | F | D | 18,139 | $1.77 | 1,910,990 | D | — | — | (F2) Shares automatically withheld, based on the fair market value of the Common Stock on December 6, 2022, to pay required withholding taxes upon the vesting of a Restricted Stock Award under the Company's Equity Incentive Plan. The full award was previously reported. |
| 3 | Common | Voting Common Stock | 2022-12-06 | A | A | 120,000 | $1.77 | 1,929,129 | D | — | — | (F1) Award of Restricted Stock under 2006 Equity Incentive Plan. One-third of the awarded shares vested immediately upon grant. One-third vests on the first anniversary of the grant date, and one-third vests on the second anniversary of the grant date. |