Filing Details
- Accession Number:
- 0001366868-14-000064
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-11-19 21:38:05
- Reporting Period:
- 2014-11-17
- Filing Date:
- 2014-11-19
- Accepted Time:
- 2014-11-19 21:38:05
- 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 | 2014-11-17 | 300,000 | $2.84 | 457,328,467 | No | 4 | P | Indirect | By Thermo Funding II LLC |
| Voting Common Stock | Acquisiton | 2014-11-17 | 4,379,562 | $0.01 | 461,708,029 | No | 4 | X | 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 |
| No | 4 | X | Indirect | By Thermo Funding II LLC |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Voting Common Stock | Common Stock Warrant (Right to Buy) | Disposition | 2014-11-17 | 4,379,562 | $0.00 | 4,379,562 | $0.01 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2010-06-19 | 2015-06-19 | No | 4 | X | Indirect |
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) | $0.32 | 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 |
| 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
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.753 to $2.905. 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.
Billionaire Hedge Funds
