Filing Details
- Accession Number:
- 0001366868-25-000002
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-01-07 17:25:18
- Reporting Period:
- 2025-01-06
- Accepted Time:
- 2025-01-07 17:25:18
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1366868 | Globalstar Inc. | GSAT | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1191310 | E Paul Jacobs | 1351 Holiday Square Blvd Covington LA 70433 | Chief Executive Officer | Yes | 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 | 2025-01-06 | 22,831 | $0.00 | 99,354 | No | 4 | A | Direct | |
| Voting Common Stock | Disposition | 2025-01-06 | 14,539 | $2.19 | 84,815 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Voting Common Stock | Stock Option (Right to Buy) | Acquisiton | 2025-01-06 | 100,000 | $0.00 | 100,000 | $2.19 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 100,000 | 2026-01-06 | 2035-01-06 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Voting Common Stock | 3,143,182 | Indirect | By Virewirx, Inc. (f/k/a XCOM Labs, Inc.) |
| Voting Common Stock | 16,745,989 | Indirect | By Trust |
Footnotes
- Represents an award of restricted stock under the Issuer's Equity Incentive Plan. The awarded shares vest on January 6, 2026.
- Shares sold to cover taxes due upon the vesting of restricted stock granted in January 2024.
- Represents an award under the Issuer's Equity Incentive Plan. The awarded options vest and become exercisable as to one third on each of January 6, 2026, 2027, and 2028.
Billionaire Hedge Funds
