Roberts Richard S 4

4 · Globalstar, Inc. · Filed Jan 7, 2019

Form 4

Period: 2019-01-02

DirectorCorporate Secretary

Transactions

AwardSwap
Stock Option (Right to Buy)
2019-01-02+200,000→ 200,000 total
Exercise: $1.19From: 2019-01-02Exp: 2029-01-02→ Voting Common Stock (200,000 underlying)
Award
Stock Option (Right to Buy)
2019-01-02+100,000→ 100,000 total
Exercise: $2.75From: 2019-01-02Exp: 2029-01-02→ Voting Common Stock (100,000 underlying)
Award
Stock Option (Right to Buy)
2019-01-02+200,000→ 200,000 total
Exercise: $0.63From: 2019-01-02Exp: 2029-01-02→ Voting Common Stock (200,000 underlying)
Other
Stock Option (Right to Buy)
2019-01-02−100,000→ 0 total
Exercise: $2.75Exp: 2026-05-16→ Voting Common Stock (100,000 underlying)
Other
Stock Option (Right to Buy)
2019-01-02−200,000→ 0 total
Exercise: $0.63Exp: 2023-08-08→ Voting Common Stock (200,000 underlying)
Other
Stock Option (Right to Buy)
2019-01-02−200,000→ 0 total
Exercise: $1.19Exp: 2021-05-03→ Voting Common Stock (200,000 underlying)

Footnotes (3)

[F1]In connection with the vesting of equity awards held by departing directors pursuant to the Company's previously disclosed Settlement Agreement, stock option awards held by the departing directors, including Mr. Roberts, were terminated by the Company, and the Company made new stock option awards to the departing directors.
[F2]Award under 2006 Equity Incentive Plan. Award vests immediately.
[F3]Option award was terminated in connection with option award of the same number of underlying shares at the same exercise price.

Documents

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