FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Ponder L Barbee IV
2. Issuer Name and Ticker or Trading Symbol

Globalstar, Inc. [ GSAT ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
General Counsel
(Last)          (First)          (Middle)

1351 HOLIDAY SQUARE BLVD.
3. Date of Earliest Transaction (MM/DD/YYYY)

3/3/2020
(Street)

COVINGTON, LA 70433
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Voting Common Stock (1)3/3/2020  A  91491 A$0.44 673038 D  
Voting Common Stock (2)3/3/2020  F  31747 D$0.44 641291 D  
Voting Common Stock (1)3/12/2020  A  210379 A$0.2852 851670 D  
Voting Common Stock (3)3/12/2020  F  71386 D$0.2852 780284 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) Award under 2006 Equity Incentive Plan.
(2) Shares withheld, based on the fair market value of the Common Stock on March 4, 2020, to pay required withholding taxes for the award of shares disclosed herein.
(3) Shares withheld, based on the fair market value of the Common Stock on March 12, 2020, to pay required withholding taxes for the award of shares disclosed herein.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Ponder L Barbee IV
1351 HOLIDAY SQUARE BLVD.
COVINGTON, LA 70433


General Counsel

Signatures
/s/ Arthur McMahon, III, attorney-in-fact for L. Barbee Ponder IV4/13/2020
**Signature of Reporting PersonDate

Globalstar (AMEX:GSAT)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Globalstar Charts.
Globalstar (AMEX:GSAT)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Globalstar Charts.