Form 4 for GSAT Globalstar, Inc.
Accepted 2023-08-31 00:00:00 ET · period of report 2023-08-29 · accession 0001366868-23-000123 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-08-31 | 2023-08-29 | GSAT | Kagan David B. | CEO | F - Tax | $1.31 | -371.2K | 5.08M | -7% | -$486.3K | |
| 2023-08-31 | 2023-08-29 | GSAT | Kagan David B. | CEO | A - Grant | $0.00 | +1.50M | 5.45M | +38% | $0 |
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 | 2023-08-29 | F | D | 371,208 | $1.31 | 5,075,257 | D | — | — | (F3) Shares automatically withheld, based on the fair market value of the Common Stock on August 29, 2023, to pay required withholding taxes upon the vesting of Restricted Stock Awards. (F2) Includes 14,853 shares acquired under Globalstar's Employee Stock Purchase Plan on June 14, 2023. |
| 2 | Common | Voting Common Stock | 2023-08-29 | A | A | 1,500,000 | $0.00 | 5,446,465 | D | — | — | (F1) Represents shares of restricted stock awarded in connection with the achievement of certain performance incentives. (F2) Includes 14,853 shares acquired under Globalstar's Employee Stock Purchase Plan on June 14, 2023. |