Filing Details
- Accession Number:
- 0001366868-24-000088
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-07-01 10:30:12
- Reporting Period:
- 2024-06-28
- Accepted Time:
- 2024-07-01 10:30:12
- 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 | Yes | No | 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 | 2024-06-28 | 4,510,855 | $1.06 | 8,708,254 | No | 4 | P | Indirect | Thermo XCOM LLC |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | Thermo XCOM LLC |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Voting Common Stock | 880,621,127 | Indirect | Thermo Funding II LLC |
Voting Common Stock | 3,000,000 | Indirect | Monroe Irr. Educational Trust |
Voting Common Stock | 197,139,972 | Indirect | Thermo Funding Company |
Voting Common Stock | 6,304,090 | Indirect | By Thermo Properties II, LLC |
Voting Common Stock | 640,750 | Indirect | By FL Investment Holdings LLC |
Voting Common Stock | 200,200 | Indirect | By Thermo Investments Limited Partnership |
Voting Common Stock | 618,558 | Indirect | By Globalstar Satellite L.P. |
Voting Common Stock | 29,334 | Indirect | By James Monroe III Grantor Trust |
Footnotes
- Represents shares purchased from Virewirx, Inc. (f/k/a XCom Labs, Inc.) ("XCom") in a private placement, which shares were acquired by XCom as fees payable under the Support Services Agreement and related Intellectual Property License Agreement as more fully explained in the Issuer's Current Report on Form 8-K filed with the Commission August 31, 2023.
- Represents the volume weighted average price of the Common Stock for the ten trading days immediately preceding June 28, 2024, which was the price at which XCom acquired the shares pursuant to the Support Services Agreement.