Filing Details
- Accession Number:
- 0001366868-22-000134
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-12-12 19:34:49
- Reporting Period:
- 2022-12-08
- Accepted Time:
- 2022-12-12 19:34:49
- 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 |
|---|---|---|---|---|---|---|---|
| 1764225 | Evan Timothy Taylor | 1351 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 | Disposition | 2022-12-08 | 395,000 | $1.57 | 13,438,649 | No | 4 | S | Indirect | By Thermo Investments III, LLC |
| Voting Common Stock | Disposition | 2022-12-09 | 395,000 | $1.65 | 13,043,649 | No | 4 | S | Indirect | By Thermo Investments III, LLC |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | By Thermo Investments III, LLC |
| No | 4 | S | Indirect | By Thermo Investments III, LLC |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Voting Common Stock | 2,980,136 | Direct |
Footnotes
- The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 28, 2022.
- The shares were sold in multiple transactions at prices ranging from $1.51 to $1.62 per share. The price reported reflects the volume weighted average price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- The shares were sold in multiple transactions at prices ranging from $1.615 to $1.715 per share. The price reported reflects the volume weighted average price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
Billionaire Hedge Funds
