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Globalstar 8-K 2009

Documents found in this filing:

  1. 8-K
  2. 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

 

WASHINGTON, D.C.  20549

 


 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act 1934

 

Date of Report (Date of earliest event reported): August 24, 2009

 

GLOBALSTAR, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

 

001-33117

 

41-2116508

(State or Other Jurisdiction of
Incorporation

 

(Commission File Number)

 

(IRS Employer Identification No.)

 

461 South Milpitas Blvd. Milpitas, California

 

95035

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: (408) 933-4000

 

N/A

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d.2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

Item 5.02       Departure of Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

The stockholder written consent increasing by 10,000,000 the number of shares of Common Stock of Globalstar, Inc. authorized for issuance under the Amended and Restated 2006 Equity Incentive Plan (the “Plan”) became effective on August 24, 2009, 20 calendar days after mailing to stockholders an Information Statement describing the Plan amendment (filed with the Securities and Exchange Commission on July 31, 2009).

 

Executive officers and directors of Globalstar participate in the Plan.  Other terms of the Plan or outstanding awards were not modified by this action.

 

2



 

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 hereunto duly authorized.

 

 

 

GLOBALSTAR. INC.

 

 

 

 

 

/s/ Fuad Ahmad

 

Fuad Ahmad

 

Senior Vice President and Chief Financial Officer

Date: August 27, 2009

 

 

3


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