Form 4 for GSAT Globalstar, Inc.
Accepted 2024-03-07 00:00:00 ET · period of report 2024-03-05 · accession 0001366868-24-000033 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-03-07 | 2024-03-05 | GSAT | Ponder L Barbee IV | GC | F - Tax | $1.33 | -38.8K | 2.05M | -2% | -$51.6K | |
| 2024-03-07 | 2024-03-05 | GSAT | Ponder L Barbee IV | GC | A - Grant | $1.33 | +75.2K | 2.09M | +4% | +$100.0K |
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 | 2024-03-05 | F | D | 38,760 | $1.33 | 2,053,553 | D | — | — | (F2) Shares automatically withheld, based on the fair market value of the Common Stock on the vesting date, to pay required withholding taxes upon the vesting of the Restricted Stock Award reported above. |
| 2 | Common | Voting Common Stock | 2024-03-05 | A | A | 75,188 | $1.33 | 2,092,313 | D | — | — | (F1) Award of Restricted Stock under Globalstar, Inc.'s Equity Incentive Plan, which vested immediately upon the grant. |