Form 4 for GSAT Globalstar, Inc.
Accepted 2024-01-04 00:00:00 ET · period of report 2024-01-02 · accession 0001366868-24-000020 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-01-04 | 2024-01-02 | GSAT | Lynch James F | Dir | A - Grant | $1.87 | +26.7K | 833.7K | +3% | +$50.0K |
| D | 2024-01-04 | 2024-01-02 | GSAT | Lynch James F | Dir | A - Grant | $0.00 | +100.0K | 100.0K | New | $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 | 2024-01-02 | A | A | 26,738 | $1.87 | 833,668 | D | — | — | (F1) Represents an award of restricted stock under the Issuer's Equity Incentive Plan. The awarded shares vest on January 2, 2025. |
| 2 | Derivative | Stock Option (Right to Buy) | 2024-01-02 | A | A | 100,000 | $0.00 | 100,000 | D | $1.87 · 2025-01-02 to 2034-01-02 | 100,000 Voting Common Stock | (F2) Represents an award under the Issuer's Equity Incentive Plan. The awarded options vest and become exercisable as to one third on each of January 2, 2025, 2026, and 2027. |