Filing Details
- Accession Number:
- 0001379664-12-000004
- Form Type:
- 5
- Zero Holdings:
- No
- Publication Time:
- 2012-02-14 21:47:15
- Reporting Period:
- 2011-12-31
- Filing Date:
- 2012-02-14
- Accepted Time:
- 2012-02-14 21:47:15
- 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 |
---|---|---|---|---|---|---|---|
1379580 | Thermo Funding Co Llc | 1735 Nineteenth Street Denver CO 80202 | No | No | Yes | No | |
1379581 | Globalstar Holdings, Llc | 1735 Nineteenth Street Denver CO 80202 | No | No | Yes | No | |
1379664 | Iii James Monroe | 1735 Nineteenth Street Denver CO 80202 | Chief Executive Officer | Yes | Yes | 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 | 2011-08-25 | 50,000 | $0.81 | 1,460,346 | No | 4 | P | Indirect | By Trust |
Nonvoting Common Stock | Acquisiton | 2011-11-03 | 11,376,404 | $0.47 | 30,652,154 | No | 4 | J | Indirect | By Thermo Funding Company LLC |
Nonvoting Common Stock | Acquisiton | 2011-11-30 | 25,229,358 | $0.35 | 55,881,512 | No | 4 | J | Indirect | By Thermo Funding Company LLC |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | By Trust |
No | 4 | J | Indirect | By Thermo Funding Company LLC |
No | 4 | J | Indirect | By Thermo Funding Company LLC |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Voting Common Stock | Common Stock Warrant (Right to Buy) | Acquisiton | 2011-06-14 | 8,000,000 | $0.00 | 8,000,000 | $1.25 |
Voting Common Stock | Common Stock Warrants (Right to Buy) | Acquisiton | 2011-06-19 | 5,000,000 | $0.00 | 5,000,000 | $0.01 |
Voting Common Stock | Common Stock Warrant (Right to Buy) | Acquisiton | 2011-09-30 | 3,920,768 | $0.00 | 3,920,768 | $0.52 |
Voting Common Stock | Common Stock Warrants (Right to Buy) | Acquisiton | 2011-12-30 | 695,129 | $0.00 | 695,129 | $0.49 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
8,000,000 | 2011-07-28 | 2016-06-14 | No | 4 | P | Indirect |
16,276,114 | 2011-06-19 | 2016-06-19 | No | 4 | J | Indirect |
9,872,845 | 2011-09-30 | 2014-06-19 | No | 4 | J | Indirect |
10,567,974 | 2011-12-30 | 2014-06-19 | No | 4 | J | Indirect |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Voting Common Stock | 146,465,355 | Indirect | By Thermo Funding Company LLC |
Voting Common Stock | 38,640,750 | Indirect | By Globalstar Holdings, LLC |
Voting Common Stock | 618,558 | Indirect | By Globalstar Satellite, L.P. |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Voting Common Stock | Common Stock Warrant (Right to Buy) | $0.01 | 2009-08-06 | 2014-06-19 | 4,205,608 | 4,205,608 | Indirect |
Voting Common Stock | Stock Option (Right to Buy) | $0.38 | 2008-11-14 | 2018-11-14 | 200,000 | 200,000 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2014-06-19 | 4,205,608 | 4,205,608 | Indirect |
2018-11-14 | 200,000 | 200,000 | Direct |
Footnotes
- Nonvoting Common Stock issued upon draw from contingent equity account pursuant to the Contingent Equity Agreement dated June 19, 2009.
- Warrants issued in connection with the purchase of $20 million principal amount of the Company's 5% Convertible Senior Unsecured Notes.
- Warrants issued for annual loan fee under the Contingent Equity Agreement dated June 19, 2009.
- Warrants issued under anti-dilution provision of warrants issued in connection with the Company's 8% Convertible Senior Unsecured Notes.