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Jacobs Paul E's Form 4 filing

Globalstar, Inc. (GSAT) · filed Jul 1, 2024

Accession no.
0001366868-24-000090
Filed
Jul 1, 2024
Trade date
Jun 28, 2024
Filing delay
3 days
Rule 10b5-1 plan
Not checked

This filing lists 2 non-derivative transactions. Open-market sales total $4.78M. It was filed 3 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Jacobs Paul ECIK 0001191310Director, Officer (Chief Executive Officer)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Jun 28, 2024Voting Common StockJOtherAcquired+7,654,036$1.06F2+$8,113,278.167,654,037Indirect
Jun 28, 2024Voting Common StockSSaleDisposed−4,510,855$1.06F5−$4,781,506.33,143,182Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F2

Represents the volume weighted average price ("VWAP") of the Common Stock for the ten trading days immediately preceding June 28, 2024, as provided in the Support Services Agreement.

Referenced by the price of 1 transaction in Table I.

F5

Represents the VWAP of the Common Stock for the ten trading days immediately preceding June 28, 2024, which was the price at which XCom acquired the shares pursuant to the Support Services Agreement.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)