Form 4 for GSAT Globalstar, Inc.

Accepted 2022-12-12 00:00:00 ET · period of report 2022-12-08 · accession 0001366868-22-000134 · 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
MI	2022-12-12	2022-12-08+	GSAT	Taylor Timothy Evan	Dir	S - Sale	$1.61	-790.0K	13.44M	-6%	-$1.27M

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	2022-12-09	S	D	395,000	$1.65	13,043,649	I By Thermo Investments III, LLC	—	—	(F1) The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 28, 2022. (F3) The shares were sold in multiple transactions at prices ranging from $1.615 to $1.715 per share. The price reported reflects the volume weighted average price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
2	Common	Voting Common Stock	2022-12-08	S	D	395,000	$1.57	13,438,649	I By Thermo Investments III, LLC	—	—	(F1) The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 28, 2022. (F2) The shares were sold in multiple transactions at prices ranging from $1.51 to $1.62 per share. The price reported reflects the volume weighted average price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.