INSEEGO CORP. — Director's Dealing 2011

Jul 6, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NOVATEL WIRELESS INC (NVTL)
CIK: 0001022652
Period of Report: 2011-07-01

Reporting Person: Leddon Kenneth (SVP Finance and CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-07-01	Non-Qualified Stock Option (right to buy)	$5.45	A	22660	Acquired	2021-07-01	Common Stock (22660)	Direct
2011-07-01	Restricted Stock Units	$	A	60366	Acquired		Common Stock (60366)	Direct

Footnotes

F1: This option shall vest over three (3) years, one-third of which shall vest on the one-year anniversary of the grant date, followed by 24 months of ratable monthly vesting.

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

F3: These RSU's vest one-third annually beginning on the first anniversary of the award date.