Item 5. Other Information
Item 5. Other Information.
Rule 10b5-1 Trading Plans
On June 28, 2023 , Rebecca S. Clary , our Vice President and Chief Financial Officer , entered into a Rule 10b5-1 trading plan (the “Plan”) intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). The Plan provides for the sale of 300,000 shares of the Company’s voting common stock and will terminate on September 3, 2024. During the fiscal quarter ended June 30, 2023, none of our other directors or executive officers adopted or terminated any contract, instruction or written plan for the purchase or sale of Company securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) (each, a “10b5-1 Plan”) or any non-Rule 10b5-1 trading arrangement. However, certain other of our executive officers had 10b5-1 Plans in effect during the fiscal quarter ended June 30, 2023, and certain of our directors and executive officers may adopt 10b5-1 Plans or non-Rule 10b5-1 trading arrangements in the future.
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Item 6. Exhibits.
Exhibit
Number Description
3.1* Third Amended and Restated Certificate of Incorporation of Globalstar, Inc. (Appendix A to DEF 14A filed April 12, 2021)
3.2* Fourth Amended and Restated Bylaws of Globalstar, Inc. (Exhibit 3.1 to Form 8-K filed on April 15, 2019)
31.1 Section 302 Certification of the Principal Executive Officer
31.2 Section 302 Certification of the Principal Financial Officer
32.1 Section 906 Certification of the Principal Executive Officer
32.2 Section 906 Certification of the Principal Financial Officer
101.INS XBRL Instance Document
101.CAL XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF XBRL Taxonomy Extension Definition Linkbase Document
101.PRE XBRL Taxonomy Extension Presentation Linkbase Document
101.LAB XBRL Taxonomy Extension Label Linkbase Document
* Incorporated by reference.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
GLOBALSTAR, INC.
Date: August 3, 2023 By: /s/ David B. Kagan
David B. Kagan
Chief Executive Officer (Principal Executive Officer)
/s/ Rebecca S. Clary
Rebecca S. Clary
Chief Financial Officer (Principal Financial Officer)
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Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.