Annual Reports

 
Quarterly Reports

 
8-K

  • 8-K (Nov 29, 2017)
  • 8-K (Nov 2, 2017)
  • 8-K (Oct 10, 2017)
  • 8-K (Oct 4, 2017)
  • 8-K (Aug 25, 2017)
  • 8-K (Aug 3, 2017)

 
Other

Globalstar 8-K 2016

Documents found in this filing:

  1. 8-K
  2. 8-K
Document


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 of 1934

Date of Report (Date of earliest event reported): June 17, 2016 (June 16, 2016)

GLOBALSTAR, INC.
(Exact name of registrant as specified in its charter)


Delaware
(State or Other Jurisdiction of Incorporation)
001-33117
(Commission
File Number)
41-2116508
(IRS Employer
Identification No.)


300 Holiday Square Blvd. Covington, LA 70433
(Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code: (985) 335-1500

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:

□ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
□ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
□ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
□ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))













Item 5.07 Submission of Matters to a Vote of Security Holders
Globalstar, Inc. (the "Company") held its Annual Meeting of Stockholders on June 16, 2016, at which 852,696,736 shares were represented in person or by proxy. The Company submitted five matters to the vote of stockholders.  A summary of the matters voted upon by stockholders is set forth below.
1. Stockholders elected each of the two nominees for Class A director to serve for a term to expire at the 2019 Annual Meeting of Stockholders by the following votes:

Name
Votes For
Votes Against
Abstentions
Broker Non-Votes
J. Patrick McIntyre
711,665,345

36,094,672

836,005

104,100,714

Richard S. Roberts
695,273,009

52,488,002

835,011

104,100,714


2. Stockholders ratified the appointment of Crowe Horwath LLP as the Company’s independent registered accounting firm for the fiscal year ending December 31, 2016 by the following votes:

Votes For
Votes Against
Abstentions
Broker Non-Votes
850,942,914

766,604

987,218



3. Stockholders approved the issuance of up to $75 million of shares of the Company's voting common stock in accordance with the terms of the Common Stock Purchase Agreement dated as of August 7, 2015 between Globalstar and Terrapin Opportunity Fund, L.P. by the following votes:

Votes For
Votes Against
Abstentions
Broker Non-Votes
731,004,749

16,514,441

1,076,832

104,100,714


4. Stockholders approved the issuance of shares of the Company's common stock in accordance with the terms of the Equity Commitment Agreement dated as of August 7, 2015 between the Company and Thermo Funding Company LLC by the following votes:

Votes For
Votes Against
Abstentions
Broker Non-Votes
730,998,277

16,526,626

1,071,119

104,100,714


5. Stockholders approved the Second Amended and Restated 2006 Equity Incentive Plan by the following votes:

Votes For
Votes Against
Abstentions
Broker Non-Votes
679,060,286

68,479,180

1,056,556

104,100,714







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/ Rebecca S. Clary            
Rebecca S. Clary
Vice President and
Chief Financial Officer

Date: June 17, 2016



Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki