Form 4 for GSAT Globalstar, Inc.
Accepted 2023-06-20 00:00:00 ET · period of report 2023-06-14 · accession 0001366868-23-000088 · 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 | 2023-06-20 | 2023-06-14+ | GSAT | Taylor Timothy Evan | VP, Fin, Ops, Dir | S - Sale | $1.17 | -790.0K | 11.86M | -6% | -$924.3K |
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 | 2023-06-15 | S | D | 395,000 | $1.15 | 11,463,649 | 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 $1.14 to $1.18 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 | 2023-06-14 | S | D | 395,000 | $1.19 | 11,858,649 | 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 $1.165 to $1.24 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. |