Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Lynch James F
  2. Issuer Name and Ticker or Trading Symbol
Globalstar, Inc. [GSAT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
300 HOLIDAY SQUARE BLVD.
3. Date of Earliest Transaction (Month/Day/Year)
12/27/2018
(Street)

COVINGTON, LA 70433
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Voting Common Stock (1) 12/27/2018   A   106,383 A $ 0.47 486,383 D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) (1) $ 0.47 12/27/2018   A   100,000   12/27/2021 12/27/2028 Voting Common Stock 100,000 $ 0 100,000 D  
Stock Option (Right to Buy) (1) (2) $ 2.75 12/27/2018   A   100,000   01/02/2019 01/02/2029 Voting Common Stock 100,000 $ 0 100,000 D  
Stock Option (Right to Buy) (1) (2) $ 0.63 12/27/2018   A   200,000   01/02/2019 01/02/2029 Voting Common Stock 200,000 $ 0 200,000 D  
Stock Option (Right to Buy) (1) (2) $ 1.19 12/27/2018   A   200,000   01/02/2019 01/02/2029 Voting Common Stock 200,000 $ 0 200,000 D  
Stock Option (Right to Buy) $ 2.75 12/27/2018   J     100,000   (3) 05/16/2026 Voting Common Stock 100,000 $ 0 0 D  
Stock Option (Right to Buy) $ 0.63 12/27/2018   J     200,000   (3) 08/08/2023 Voting Common Stock 200,000 $ 0 0 D  
Stock Option (Right to Buy) $ 1.19 12/27/2018   J     200,000   (3) 05/03/2021 Voting Common Stock 200,000 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Lynch James F
300 HOLIDAY SQUARE BLVD.
COVINGTON, LA 70433
  X      

Signatures

 /s/ Arthur McMahon, III, attorney in fact for James F. Lynch   01/07/2019
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Award under 2006 Equity Incentive Plan.
(2) In connection with the vesting of equity awards held by departing directors pursuant to the Company's previously disclosed Settlement Agreement, stock option awards held by certain continuing directors, including Mr. Lynch, were terminated by the Company, and the Company made new stock option awards to the continuing directors.
(3) Option award was terminated in connection with option award of the same number of underlying shares at the same exercise price.

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