Filing Details

Accession Number:
0001366868-14-000050
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-11-12 09:28:53
Reporting Period:
2014-11-11
Filing Date:
2014-11-12
Accepted Time:
2014-11-12 09:28:53
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
1379664 Iii James Monroe 1735 Nineteenth Street
Denver CO 80202
Chief Executive Officer 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 2014-11-11 175,000 $2.65 453,801,477 No 4 P Indirect By Thermo Funding II LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Thermo Funding II LLC
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Nonvoting Common Stock 134,008,656 Indirect By Thermo Funding II LLC
Voting Common Stock 618,558 Indirect By Globalstar Satellite L.P.
Voting Common Stock 38,640,750 Indirect By FL Investment Holdings LLC
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Voting Common Stock Common Stock Warrant (Right to Buy) $0.32 2011-06-19 2016-06-19 8,000,000 8,000,000 Indirect
Voting Common Stock Stock Option (Right to Buy) $0.38 2008-11-14 2018-11-14 200,000 200,000 Direct
Voting Common Stock Common Stock Warrant (Right to Buy) $0.01 2010-06-19 2015-06-19 4,379,562 4,379,562 Indirect
Voting Common Stock Common Stock Warrant (Right to Buy) $0.01 2009-12-31 2014-12-31 2,516,990 2,516,990 Indirect
Voting Common Stock Common Stock Warrant (Right to Buy) $0.32 2011-06-14 2016-06-14 8,000,000 8,000,000 Indirect
Voting Common Stock Common Stock Warrant (Right to Buy) $0.01 2012-06-19 2017-06-19 24,571,428 24,571,428 Indirect
Voting Common Stock Common Stock Warrant (Right to Buy) $0.01 2011-06-19 2016-06-19 5,620,438 5,620,438 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
2016-06-19 8,000,000 8,000,000 Indirect
2018-11-14 200,000 200,000 Direct
2015-06-19 4,379,562 4,379,562 Indirect
2014-12-31 2,516,990 2,516,990 Indirect
2016-06-14 8,000,000 8,000,000 Indirect
2017-06-19 24,571,428 24,571,428 Indirect
2016-06-19 5,620,438 5,620,438 Indirect
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.618 to $2.67. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth above.