X0303 4 2011-04-14 0 0001366868 Globalstar, Inc. GSAT 0001379664 Monroe James III 1735 NINETEENTH STREET DENVER CO 80202 1 1 1 0 Executive Chairman 0001379581 Globalstar Holdings, LLC 1735 NINETEENTH STREET DENVER CO 80202 0 0 1 0 0001379580 Thermo Funding CO LLC 1735 NINETEENTH STREET DENVER CO 80202 0 0 1 0 Voting Common Stock 2011-04-14 4 X 0 575000 0.87 A 1090000 I By Trust Voting Common Stock 146465355 I By Thermo Funding Company LLC Nonvoting Common Stock 19275750 I By Thermo Funding Company LLC Voting Common Stock 38640750 I By Globalstar Holdings, LLC Voting Common Stock 618558 I By Globalstar Satellite, L.P. Common Stock Warrants (right to buy) 0.87 2011-04-14 4 X 0 575000 0 D 2009-06-19 2014-06-19 Voting Common Stock 575000 5952077 I By Trust Common Stock Warrant (right to buy) 0.01 2009-08-06 2014-12-31 Voting Common Stock 11276114 11276114 I Thermo Funding Company LLC Common Stock Warrant (right to buy) 0.01 2009-08-06 2014-06-19 Voting Common Stock 4205608 4205608 I By Thermo Funding Company LLC Stock Option (right to buy) 0.38 2008-11-14 2013-11-14 Voting Common Stock 200000 200000 D Thermo Funding Company and its affiliates may not own more than 70% of the Issuer's voting common stock. Nonvoting common stock may be issued to prevent any exercise from exceeding the 70% limit. /s/ Bridget C. Hoffman, attorney-in-fact for James Monroe III 2011-04-18 /s/ Bridget C. Hoffman, attorney-in-fact for Thermo Funding Company LLC 2011-04-18 /s/ Bridget C. Hoffman, attorney-in-fact for Globalstar Holdings, LLC 2011-04-18