Form 4 for GSAT Globalstar, Inc.
Accepted 2024-07-01 00:00:00 ET · period of report 2024-06-28 · accession 0001366868-24-000088 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2024-07-01 | 2024-06-28 | GSAT | Monroe James III | Dir, 10% | P - Purchase | $1.06 | +4.51M | 8.71M | +107% | +$4.78M |
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 | 2024-06-28 | P | A | 4,510,855 | $1.06 | 8,708,254 | I Thermo XCOM LLC | — | — | (F1) Represents shares purchased from Virewirx, Inc. (f/k/a XCom Labs, Inc.) ("XCom") in a private placement, which shares were acquired by XCom as fees payable under the Support Services Agreement and related Intellectual Property License Agreement as more fully explained in the Issuer's Current Report on Form 8-K filed with the Commission August 31, 2023. (F2) Represents the volume weighted average price of the Common Stock for the ten trading days immediately preceding June 28, 2024, which was the price at which XCom acquired the shares pursuant to the Support Services Agreement. |