SEC Form 4 · accession 0001366868-18-000035
Globalstar, Inc. · GSAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Patrick McIntyre Jr.
Director
Period of report
Mar 1, 2018
Accepted (ET)
May 10, 2018 · 3:33 pm EDT
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 | Mar 1, 2018 | A | 75,000 | $0.9838 | A | 172,983 | D | |
| Voting Common StockF2 | Mar 1, 2018 | A | 150,000 | $0.9838 | A | 322,983 | 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)F3 | $0.90 | holding | — | — | — | — | Aug 4, 2019 | Voting Common Stock | 200,000 | 200,000 | D |
| Stock Option (Right to Buy)F3 | $2.75 | holding | — | — | — | — | May 16, 2026 | Voting Common Stock | 100,000 | 100,000 | D |
| Stock Option (Right to Buy)F3 | $1.19 | holding | — | — | — | — | May 3, 2021 | Voting Common Stock | 200,000 | 200,000 | D |
| Stock Option (Right to Buy)F3 | $0.38 | holding | — | — | — | — | Nov 14, 2018 | Voting Common Stock | 200,000 | 200,000 | D |
Explanation of responses
- F1Award under 2006 Equity Incentive Plan. Award vests on December 31, 2018.
- F2Award under 2006 Equity Incentive Plan. Award vests as to one-third on each of February 28, 2019, 2020 and 2021.
- F3Options are exercisable.