Kagan David B. 4
4 · Globalstar, Inc. · Filed Nov 17, 2022
Insider Transaction Report
Form 4
Globalstar, Inc.GSAT
Kagan David B.
President & COO
Transactions
- Award
Voting Common Stock
2022-11-15$1.90/sh+220,000$418,000→ 3,553,270 total - Tax Payment
Voting Common Stock
2022-11-15$1.90/sh−57,714$109,657→ 3,495,556 total
Footnotes (2)
- [F1]Represents shares of Restricted Stock awarded in connection with the achievement of certain performance incentives. Two-thirds of the awarded shares vested immediately, and the remaining one-third vests on November 15, 2023.
- [F2]Shares withheld, based on the fair market value of the Voting Common Stock on the grant date, to pay withholding taxes on the portion of the award that vested immediately.