Statement of Changes in Beneficial Ownership (4)

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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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 (MM/DD/YYYY) 6/14/2016
(Street) DENVER, CO 80202 (City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _ X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. 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	6/14/2016		M		8000000	A	$0.32   (1)	459906893	I	By Thermo Funding II LLC
Voting Common Stock	6/14/2016		M		5620438	A	$0.01   (2)	465527331	I	By Thermo Funding II LLC
Nonvoting Common Stock								134008656	I	By Thermo Funding II LLC
Voting Common Stock								618558	I	By Globalstar Satellite L.P.
Voting Common Stock								38640750	I	By FL Investment Holdings LLC

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. 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		7. Title and Amount of Securities Underlying Derivative Security (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	6/14/2016		M			8000000	6/14/2011	6/14/2016	Voting Common Stock	8000000.0	$0	0	I	By Thermo Funding II LLC
Common Stock Warrant (Right to Buy)	$0.01	6/14/2016		M			5620438	6/19/2011	6/19/2016	Voting Common Stock	5620438.0	$0	0	I	By Thermo Funding II LLC
Stock Option (Right to Buy)	$0.38							11/14/2008	11/14/2018	Voting Common Stock	200000.0		200000	D
Common Stock Warrant (Right to Buy)	$0.01							6/19/2012	6/19/2017	Voting Common Stock	24571428.0		24571428	I	By Thermo Funding II LLC

Explanation of Responses:
( 1)	Represents exercise price of warrants, expiring June 14, 2016.
( 2)	Represents exercise price of warrants, expiring June 19, 2016.

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		6/14/2016
** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	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).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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