Form 4 for GSAT Globalstar, Inc.
Accepted 2023-05-11 00:00:00 ET · period of report 2023-05-09 · accession 0001366868-23-000059 · 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 | 2023-05-11 | 2023-05-09+ | GSAT | Monroe James III | Dir, 10% | P - Purchase | $0.9786 | +5.26M | 5.36M | +5,264% | +$5.15M |
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 | 2023-05-10 | P | A | 1,555,000 | $0.99 | 4,655,000 | I By Thermo Properties II, LLC | — | — | (F2) The shares were purchased in multiple transactions at prices ranging from $0.99 to $1.00 per share. The price reported reflects the volume weighted average purchase 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 purchased at each separate price. |
| 2 | Common | Voting Common Stock | 2023-05-09 | P | A | 3,000,000 | $0.97 | 3,100,000 | I By Thermo Properties II, LLC | — | — | (F1) The shares were purchased in multiple transactions at prices ranging from $0.93 to $1.02 per share. The price reported reflects the volume weighted average purchase 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 purchased at each separate price. |
| 3 | Common | Voting Common Stock | 2023-05-11 | P | A | 708,863 | $0.99 | 5,363,863 | I By Thermo Properties II, LLC | — | — | (F3) The shares were purchased in multiple transactions at prices ranging from $0.98 to $1.00 per share. The price reported reflects the volume weighted average purchase 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 purchased at each separate price. |