INSEEGO CORP. — Director's Dealing 2009

Oct 23, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NOVATEL WIRELESS INC (NVTL)
CIK: 0001022652
Period of Report: 2009-10-20

Reporting Person: Leddon Kenneth (SVP Finance and CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-10-20	Non-Qualified Stock Option (right to buy)	$11.83	A	30114	Acquired	2019-10-20	Common Stock (30114)	Direct
2009-10-20	Restricted Stock Units	$0	A	14171	Acquired		Common Stock (14171)	Direct

Footnotes

F1: 66.67% of the total options granted will vest on January 25, 2010 with the remaining balance vesting on January 25, 2011.

F2: Converts into Common Stock on a one-for-one basis.

F3: 66.67% of the total Restricted Stock Units awarded will vest on January 25, 2010 with the remaining balance vesting on January 25, 2011.