Form 4 for GSAT Globalstar, Inc.

Accepted 2022-12-08 00:00:00 ET · period of report 2022-12-06 · accession 0001366868-22-000127 · 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	Ponder L Barbee IV	GC	F - Tax	$1.74	-24.3K	2.20M	-1%	-$42.3K
	2022-12-08	2022-12-06	GSAT	Ponder L Barbee IV	GC	A - Grant	$1.77	+120.0K	2.22M	+6%	+$212.4K

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Voting Common Stock	2022-12-06	F	D	12,139	$1.77	2,209,765	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.
2	Common	Voting Common Stock	2022-12-07	F	D	12,143	$1.71	2,197,622	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.
3	Common	Voting Common Stock	2022-12-06	A	A	120,000	$1.77	2,221,904	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.