Filing Details
- Accession Number:
- 0001571391-14-000002
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-05-20 21:51:25
- Reporting Period:
- 2013-12-11
- Filing Date:
- 2014-05-20
- Accepted Time:
- 2014-05-20 21:51:25
- 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 |
|---|---|---|---|---|---|---|---|
| 1379590 | J Anthony Navarra | 300 Holiday Square Blvd. Covington LA 80202 | President Space Operations | No | Yes | No | 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 | 2013-12-11 | 100,000 | $0.40 | 498,138 | No | 4 | M | Indirect | By Trust |
| Voting Common Stock | Disposition | 2013-12-11 | 100,000 | $1.80 | 398,138 | No | 4 | S | Indirect | By Trust |
| Voting Common Stock | Disposition | 2014-05-16 | 70,507 | $3.16 | 327,631 | No | 4 | S | Indirect | By Trust |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Indirect | By Trust |
| No | 4 | S | Indirect | By Trust |
| No | 4 | S | Indirect | By Trust |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Voting Common Stock | Stock Option (Right to Buy) | Acquisiton | 2013-12-13 | 40,000 | $0.00 | 40,000 | $1.97 |
| Voting Common Stock | Stock Option (Right to Buy) | Disposition | 2013-12-11 | 100,000 | $0.00 | 100,000 | $0.40 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 40,000 | 2024-12-13 | No | 4 | A | Direct | |
| 0 | 2021-10-04 | No | 4 | M | Direct |
Footnotes
- Vest ratably on the first, second and third anniversaries of the date of grant.
- Vested upon the Company's voting common stock trades for more than 10 consecutive trading days at or above the trading price of $0.80.
Billionaire Hedge Funds
