SEC Form 4 · accession 0001366868-17-000021
Globalstar, Inc. · GSAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Kneuer
Director
Period of report
Feb 27, 2017
Accepted (ET)
Mar 1, 2017 · 6:20 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 Stock | holding | — | — | — | 80,500 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $1.44 | Feb 27, 2017 | A | 100,000 | A | — | Feb 27, 2027 | Voting Common Stock | 100,000 | 100,000 | D |
| Stock Option (Right to Buy) | $1.40 | holding | — | — | — | Feb 3, 2011 | Feb 3, 2021 | Voting Common Stock | 200,000 | 200,000 | D |
| Stock Option (Right to Buy) | $2.75 | holding | — | — | — | May 16, 2016 | May 16, 2026 | Voting Common Stock | 100,000 | 100,000 | D |
| Stock Option (Right to Buy)F2 | $0.63 | holding | — | — | — | — | Aug 8, 2023 | Voting Common Stock | 200,000 | 200,000 | D |
Explanation of responses
- F1Options vest as to one-third each on February 27, 2017, 2018 and 2019.
- F2Options are exercisable.