Form 4 for GSAT Globalstar, Inc.
Accepted 2023-12-11 00:00:00 ET · period of report 2023-12-07 · accession 0001366868-23-000162 · 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 | 2023-12-11 | 2023-12-07+ | GSAT | Ponder L Barbee IV | GC | F - Tax | $1.47 | -30.3K | 2.13M | -1% | -$44.5K |
| 2023-12-11 | 2023-12-07 | GSAT | Ponder L Barbee IV | GC | A - Grant | $1.47 | +120.0K | 2.16M | +6% | +$176.4K |
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 | 2023-12-07 | F | D | 18,139 | $1.47 | 2,137,421 | D | — | — | (F2) Shares automatically withheld, based on the fair market value of the Common Stock on December 7, 2023, to pay required withholding taxes upon the vesting of the Restricted Stock Award reported above. |
| 2 | Common | Voting Common Stock | 2023-12-07 | A | A | 120,000 | $1.47 | 2,155,560 | D | — | — | (F1) Award of Restricted Stock under 2006 Equity Incentive Plan. One-third of the awarded shares vested immediately. The remaining two-thirds vests in equal amounts on first and second anniversary of the grant date. |
| 3 | Common | Voting Common Stock | 2023-12-08 | F | D | 12,143 | $1.47 | 2,125,278 | D | — | — | (F3) Shares automatically withheld, based on the fair market value of the Common Stock on December 8, 2023, to pay required withholding taxes upon the vesting of the Restricted Stock Award previously reported. |