Unassociated 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 1934
Date of Report (Date of earliest event reported): October 6, 2011
GLOBALSTAR, INC.
(Exact name of registrant as specified in its charter)
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Delaware
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001-33117
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41-2116508
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(State or Other Jurisdiction of Incorporation
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(Commission File Number)
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(IRS Employer Identification No.)
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300 Holiday Square Blvd., Covington, Louisiana
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70433
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(Address of Principal Executive Offices)
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(Zip Code)
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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:
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£
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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£
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Soliciting material pursuant Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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£
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d.2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 5.02 Departure of Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 6, 2011, Dirk J. Wild, Senior Vice President and Chief Financial Officer of Globalstar, Inc. (the “Company”) notified the Company that he will be resigning from his position to pursue other opportunities effective November 11, 2011. The Company is engaged in a search for his replacement and, with the assistance of Mr. Wild, believes it will transition his role effectively. His resignation was not the result of any disagreement with the Company.
Item 7.01 Regulation FD Disclosure.
On October 6, 2011, the Company issued a press release regarding Mr. Wild’s resignation, which is attached as Exhibit 99.1.
The information in Item 7.01 of this Current Report on Form 8-K and the Exhibit attached hereto is furnished pursuant to the rules and regulations of the Securities and Exchange Commission and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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99.1
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Press release dated October 6, 2011
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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.
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GLOBALSTAR. INC. |
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/s/ L. Barbee Ponder IV |
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L. Barbee Ponder IV
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General Counsel and
Vice President of Regulatory Affairs
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Date: October 6, 2011