Filing Details

Accession Number:
0001379664-10-000004
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-09-20 08:03:06
Reporting Period:
2010-09-15
Filing Date:
2010-09-20
Accepted Time:
2010-09-20 08:03:06
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1366868 Globalstar Inc. GSAT Communications Services, Nec (4899) 412116508
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1379580 Thermo Funding Co Llc 1735 Nineteenth Street
Denver CO 80202
No No Yes No
1379581 Globalstar Holdings, Llc 1735 Nineteenth Street
Denver CO 80202
No No Yes No
1379664 Iii James Monroe 1735 Nineteenth Street
Denver CO 80202
Executive Chairman Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Voting Common Stock Acquisiton 2010-09-15 210,900 $1.66 146,266,397 No 4 P Indirect By Thermo Funding LLC
Voting Common Stock Acquisiton 2010-09-16 38,958 $1.64 146,305,355 No 4 P Indirect By Thermo Funding LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Thermo Funding LLC
No 4 P Indirect By Thermo Funding LLC
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Nonvoting Common Stock 19,275,750 Indirect By Thermo Funding Company LLC
Voting Common Stock 38,640,750 Indirect By Globalstar Holdings, LLC
Voting Common Stock 618,558 Indirect By Globalstar Satellite, L.P.
Voting Common Stock 515,000 Indirect By Trust
Footnotes
  1. The prices reported are weighted average prices. These shares were purchased in multiple transactions at prices ranging from $1.62 to $1.70 on September 15, 2010 and $1.64 to $1.66 on September 16, 2010. The reporting persons hereby undertake to provide upon request to the SEC Staff, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price within the ranges set forth above.