Registrant’s telephone number, including area code: (985) 335-1500
N/A
(Former Name or Former Address, if Changed Since Last
Report)
Securities registered pursuant to section 12(b) of the Act:
Title of each class
Trading Symbol
Name of exchange on which registered
Common Stock, par value $0.0001 per share
GSAT
NYSE
American
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 to 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))
Indicate by check mark whether the
registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
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, 2020, at which 1,576,466,065 shares were represented in person or by proxy. The Company submitted three matters to the vote of stockholders. A summary of the matters voted upon by stockholders is set forth below.
1. Stockholders elected both of the two nominees for Class B director to serve for a term to expire at the 2023 Annual Meeting of Stockholders by the following votes:
Name
Votes
For
Votes Against
Abstentions
Broker Non-Votes
James F. Lynch
1,259,244,891
136,087,352
765,694
180,368,128
Timothy E. Taylor
1,272,324,258
123,010,801
762,878
180,368,128
2. Stockholders
ratified the appointment of Ernst & Young LLP as the Company’s independent registered accounting firm for the fiscal year ending December 31, 2020 by the following votes:
Votes For
Votes Against
Abstentions
Broker Non-Votes
1,571,732,061
3,364,734
1,369,270
—
3. Stockholders
approved the compensation of the Company's named executive officers by the following votes:
Votes For
Votes Against
Abstentions
Broker Non-Votes
1,246,975,516
26,338,053
122,784,368
180,368,128
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.
