Filing Details
- Accession Number:
- 0001366868-17-000023
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-03-02 21:18:50
- Reporting Period:
- 2017-02-28
- Filing Date:
- 2017-03-02
- Accepted Time:
- 2017-03-02 21:18:50
- 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 |
|---|---|---|---|---|---|---|---|
| 1571391 | Rebecca Clary | 300 Holiday Square Blvd. Covington LA 70433 | Vp & Chief Financial Officer | 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 | 2017-02-28 | 42,701 | $0.00 | 341,175 | No | 4 | A | Direct | |
| Voting Common Stock | Disposition | 2017-02-28 | 13,519 | $1.37 | 327,656 | No | 4 | F | Direct | |
| Voting Common Stock | Disposition | 2017-03-02 | 34,274 | $1.42 | 293,382 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | 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) | $2.58 | 2024-12-12 | 40,000 | 40,000 | Direct | |
| Voting Common Stock | Stock Option (Right to Buy) | $3.99 | 2024-08-27 | 40,000 | 40,000 | Direct | |
| Voting Common Stock | Stock Option (Right to Buy) | $1.97 | 2016-12-13 | 2023-12-13 | 40,000 | 40,000 | Direct |
| Voting Common Stock | Stock Option (Right to Buy) | $0.40 | 2014-05-01 | 2021-10-03 | 75,000 | 75,000 | Direct |
| Voting Common Stock | Stock Option (Right to Buy) | $1.66 | 2014-10-12 | 2020-10-12 | 15,000 | 15,000 | Direct |
| Voting Common Stock | Stock Option (Right to Buy) | $0.61 | 2012-03-15 | 2021-11-08 | 25,000 | 25,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2024-12-12 | 40,000 | 40,000 | Direct |
| 2024-08-27 | 40,000 | 40,000 | Direct |
| 2023-12-13 | 40,000 | 40,000 | Direct |
| 2021-10-03 | 75,000 | 75,000 | Direct |
| 2020-10-12 | 15,000 | 15,000 | Direct |
| 2021-11-08 | 25,000 | 25,000 | Direct |
Footnotes
- Award under the Company's 2016 Key Employee Bonus Plan.
- Shares withheld, based on the fair market value of the Common Stock on February 28, 2017, to pay required withholding taxes upon the vesting of shares pursuant to an award under the Company's 2016 Key Employee Bonus Plan.
- Award under 2006 Equity Incentive Plan. Award vests as to one-third on each of December 12, 2015, 2016 and 2017.
- Award under 2006 Equity Incentive Plan. Award vests as to one-third on each of August 27, 2015, 2016 and 2017.
Billionaire Hedge Funds
