SEC Form 4 · accession 0001366868-15-000092
Globalstar, Inc. · GSAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
L Barbee Ponder IV
Officer — General Counsel
Period of report
Dec 1, 2015
Accepted (ET)
Dec 4, 2015 · 5:56 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001366868
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Voting Common StockF1 | Dec 1, 2015 | A | 1,000 | $0.00 | A | 108,223 | D | |
| Voting Common Stock | Dec 1, 2015 | S | 337 | $1.98 | D | 107,886 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Award under 2006 Equity Incentive Plan.
- F2These shares were sold to pay required withholding taxes from the above restricted stock award.