Filing Details
- Accession Number:
- 0001366868-23-000119
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-08-31 17:59:49
- Reporting Period:
- 2023-08-29
- Accepted Time:
- 2023-08-31 17:59:49
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1366868 | Globalstar Inc. | GSAT | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1191310 | E Paul Jacobs | 1351 Holiday Square Blvd Covington LA 70433 | Chief Executive Officer | Yes | 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 | Disposition | 2023-08-29 | 36,387,975 | $1.13 | 1 | No | 4 | S | Indirect | By XCOM Labs, Inc. |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | By XCOM Labs, Inc. |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Voting Common Stock | 16,745,989 | Indirect | By Trust |
Footnotes
- Represents shares sold by XCOM Labs, Inc. ("XCOM") in a private placement to purchasers, including an affiliate of the Thermo Companies, which are controlled by James Monroe, III, the issuer's Executive Chairman, in connection with the Intellectual Property License Agreement and other transactions disclosed in the Form 8-K filed with the Commission on August 31, 2023.
- Represents shares held by XCOM, a corporation controlled by the reporting person.
- Represents shares held by The Paul Eric Jacobs Trust, DTD April 9, 2018.
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