Filing Details

Accession Number:
0001366868-14-000065
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-11-19 21:48:15
Reporting Period:
2014-11-17
Filing Date:
2014-11-19
Accepted Time:
2014-11-19 21:48:15
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
1379816 F James Lynch 300 Holiday Square Blvd.
Covington LA 70433
Yes No 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 2014-11-17 30,000 $2.86 30,000 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Voting Common Stock Stock Option (Right to Buy) $0.63 2023-08-08 200,000 200,000 Direct
Voting Common Stock Stock Option (Right to Buy) $1.19 2014-05-03 2021-05-03 200,000 200,000 Direct
Voting Common Stock Stock Option (Right to Buy) $0.38 2008-11-14 2018-11-14 200,000 200,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2023-08-08 200,000 200,000 Direct
2021-05-03 200,000 200,000 Direct
2018-11-14 200,000 200,000 Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $2.86 to $2.88. 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.
  2. Options become exercisable on a prorated basis each month from August 2013 to August 2016, subject to forfeiture conditions.