SEC Form 4 · accession 0001366868-18-000074
Globalstar, Inc. · GSAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David B. Kagan
Officer — Chief Executive Officer
Period of report
Dec 11, 2018
Accepted (ET)
Dec 12, 2018 · 6:08 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 11, 2018 | A | 30,000 | $0.3292 | A | 4,211,925 | D | |
| Voting Common StockF2 | Dec 11, 2018 | A | 120,000 | $0.3292 | A | 4,331,925 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Award under 2006 Equity Incentive Plan. Award vests as to one-third immediately and one-third on each of December 11, 2019 and 2020.
- F2Award under 2006 Equity Incentive Plan. Award vests as to one-third on each of December 11, 2019, 2020 and 2021.