Filing Details
- Accession Number:
- 0001366868-14-000074
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-12-23 16:41:59
- Reporting Period:
- 2014-12-19
- Filing Date:
- 2014-12-23
- Accepted Time:
- 2014-12-23 16:41:59
- 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 | Disposition | 2014-12-19 | 12,371,136 | $2.82 | 449,336,893 | No | 4 | S | Indirect | By Thermo Funding II LLC |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | 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 | 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 | 2011-06-19 | 2016-06-19 | 8,000,000 | 8,000,000 | 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 |
|---|---|---|---|
| 2018-11-14 | 200,000 | 200,000 | Direct |
| 2016-06-19 | 8,000,000 | 8,000,000 | 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
- The reporting person's sale reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 761,686 shares. The reporting person has paid to the issuer the full amount of the profit realized in connection with the short-swing transaction.
Billionaire Hedge Funds
