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INSEEGO CORP. Director's Dealing 2009

Nov 10, 2009

33606_dirs_2009-11-09_40cbb5aa-73d9-48bd-a67c-1279f7aaf02d.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NOVATEL WIRELESS INC (NVTL)
CIK: 0001022652
Period of Report: 2009-11-06

Reporting Person: Ross John (Director, VP, Product Management)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2009-11-06 Non-Qualified Stock Option (right to buy) $9.29 A 35000 Acquired 2019-11-06 Common Stock (35000) Direct

Footnotes

F1: This stock option grant to Mr. Ross is in partial consideration for his agreeing to become an employee of the Issuer, and to provide services, as Vice President, Product Management, effective November 4, 2009

F2: This option shall vest over four (4) years, 25% of which shall vest on November 4, 2010, followed by 36 months of ratable monthly vesting.