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 *
Monroe James III
  2. Issuer Name and Ticker or Trading Symbol
Globalstar, Inc. [GSAT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last)
(First)
(Middle)
1735 NINETEENTH STREET
3. Date of Earliest Transaction (Month/Day/Year)
06/14/2016
(Street)

DENVER, CO 80202
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 06/14/2016   M   8,000,000 A $ 0.32 (1) 459,906,893 I By Thermo Funding II LLC
Voting Common Stock 06/14/2016   M   5,620,438 A $ 0.01 (2) 465,527,331 I By Thermo Funding II LLC
Nonvoting Common Stock               134,008,656 I By Thermo Funding II LLC
Voting Common Stock               618,558 I By Globalstar Satellite L.P.
Voting Common Stock               38,640,750 I By FL Investment Holdings LLC

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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
Common Stock Warrant (Right to Buy) $ 0.32 06/14/2016   M     8,000,000 06/14/2011 06/14/2016 Voting Common Stock 8,000,000 $ 0 0 I By Thermo Funding II LLC
Common Stock Warrant (Right to Buy) $ 0.01 06/14/2016   M     5,620,438 06/19/2011 06/19/2016 Voting Common Stock 5,620,438 $ 0 0 I By Thermo Funding II LLC
Stock Option (Right to Buy) $ 0.38             11/14/2008 11/14/2018 Voting Common Stock 200,000   200,000 D  
Common Stock Warrant (Right to Buy) $ 0.01             06/19/2012 06/19/2017 Voting Common Stock 24,571,428   24,571,428 I By Thermo Funding II LLC

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Monroe James III
1735 NINETEENTH STREET
DENVER, CO 80202
  X   X   Chief Executive Officer  

Signatures

 /s/ Bridget C. Hoffman, attorney-in-fact for James Monroe III   06/14/2016
**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) Represents exercise price of warrants, expiring June 14, 2016.
(2) Represents exercise price of warrants, expiring June 19, 2016.

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