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
  1. 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.
  2. 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.