Filing Details
- Accession Number:
- 0001496862-14-000003
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-05-23 17:59:57
- Reporting Period:
- 2014-05-21
- Filing Date:
- 2014-05-23
- Accepted Time:
- 2014-05-23 17:59:57
- 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 |
|---|---|---|---|---|---|---|---|
| 1496862 | Iv Barbee L Ponder | 300 Holiday Square Blvd. Covington LA 70433 | General Counsel | No | Yes | No | 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 | 2014-05-21 | 150,000 | $1.64 | 225,865 | No | 4 | M | Direct | |
| Voting Common Stock | Disposition | 2014-05-21 | 150,000 | $3.19 | 75,865 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Voting Common Stock | Stock Option (Right to Buy) | Disposition | 2014-05-21 | 150,000 | $0.00 | 150,000 | $1.64 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 50,000 | 2020-07-13 | No | 4 | M | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Voting Common Stock | Stock Option (Right to Buy) | $0.40 | 2021-10-04 | 185,000 | 185,000 | Direct | |
| Voting Common Stock | Stock Option (Right to Buy) | $1.97 | 2023-12-13 | 40,000 | 40,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2021-10-04 | 185,000 | 185,000 | Direct |
| 2023-12-13 | 40,000 | 40,000 | Direct |
Footnotes
- Options vested as to one-third on each of July 13, 2011, 2012 and 2013.
- Options are currently exercisable.
- Options vest as to one-third on each of December 13, 2014, 2015 and 2016.
Billionaire Hedge Funds
