X0202 4 2007-11-02 0 0001366868 Globalstar, Inc. GSAT 0001379580 Thermo Funding CO LLC 1735 NINETEENTH STREET DENVER CO 80202 0 0 1 0 Common Stock 2007-11-02 4 O 0 769518 16.17 A 12371136 D Right to Purchase Common Stock 16.17 2007-11-02 4 O 0 769518 0 D 2007-11-02 Common Stock 769518 0 D Pursuant to the Second Amended and Restated Irrevocable Standby Stock Purchase Agreement, as amended, among Globalstar, Thermo Funding Company LLC and Wachovia Investment Holdings, LLC, Thermo Funding Company agreed to purchase up to $200 million of Globalstar common stock upon the occurrence of certain events or at its option. Thermo Funding Company elected to purchase the shares reported in this Form 4. With this purchase, Thermo Funding Company has completed its purchase commitment under the agreement. /s/ Bridget C. Hoffman, attorney-in-fact for Thermo Funding Company LLC 2007-11-06