FORM 3
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OMB APPROVAL
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OMB Number: 3235-0104
Expires:September 30, 1998
Estimated average burden
hours per response.....0.5
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF 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(f) of the
Investment Company Act of 1940
(Print or Type Responses)
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1. Name and Address of Reporting Person*
General Electric Company
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(Last) (First) (Middle)
3135 Easton Turnpike
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(Street)
Fairfield CT 06431
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(City) (State) (Zip)
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2. Date of Event Requiring Statement
(Month/Day/Year)
11/17/97
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3. IRS or Social Security Number of Reporting Person
(Voluntary)
N/A
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4. Issuer Name and Ticker or Trading Symbol
Globalstar Telecommunications Limited (GSTRF)
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
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6. If Amendment, Date of
Original (Month/Day/Year)
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7. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
<PAGE>
<TABLE>
Table I -- Non-Derivative Securities Beneficially Owned
<CAPTION>
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1. Title of Security 2. Amount of Securities 3. Ownership 4. Nature of Indirect Beneficial Ownership
(Instr. 4) Beneficially Owned Form: Direct (Instr. 5)
(Instr. 4) (D) or Indirect
(I) (Instr. 5)
<S> <C> <C> <C>
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Common Stock 5,022,380 shares I Held by indirect wholly owned subsidiary
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</TABLE>
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
5(b)(v).
<PAGE>
FORM 3 (continued)
<TABLE>
Table II -- Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
<CAPTION>
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<C>
1. Title of 2. Date Exer- 3. Title and Amount 4. Conversion 5. Ownership 6. Nature of
Derivative cisable and of Securities or Form of Indirect
Security Expiration Underlying Exercise Derivative Beneficial
(Instr. 4) Date Derivative Price of Security: Ownership
(Month/Day/ Security Derivative Direct (D) or (Instr. 5)
Year) Security Indirect (I)
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Date Expira- Title Amount
Exer- tion or
cisable Date Number
of
Shares
<C> <C> <C> <C> <C> <C>
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</TABLE>
Explanation of Responses:
**Intentional misstatements or omission 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.
Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the form displays a
currently valid OMB Number.
Robert E. Healing November 25, 1997
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**Signature of Reporting Person Date
Robert E. Healing
on behalf of
General Electric Company
