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INSEEGO CORP. Director's Dealing 2011

Mar 15, 2011

33606_dirs_2011-03-15_a7ed8302-f151-4110-b2bd-b316a16e726c.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: 2011-03-11

Reporting Person: Ross Chris (SVP Operations)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-03-11 Common Stock M 7907 Acquired 37910 Direct
2011-03-11 Common Stock F 3323 $5.65 Disposed 34587 Direct
2011-03-13 Common Stock M 13195 Acquired 47782 Direct
2011-03-13 Common Stock F 4925 $5.65 Disposed 42857 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-03-11 Restricted Stock Units $ M 7907 Disposed Common Stock (7907) Direct
2011-03-13 Restricted Stock Units $ M 13195 Disposed Common Stock (13195) Direct

Footnotes

F1: Reflects partial vesting of Restricted Stock Units (RSU's) previously awarded to the Reporting Person.

F2: Includes 7,246 shares acquired on May 14, 2010 under the issuers Employee Stock Purchase Plan.

F3: Automatic disposition of shares back to Issuer (and subsequent cancellation thereof) solely to satisfy immediate payroll tax withholding obligation triggered by the vesting of restricted stock. The Reporting Person received no proceeds from this transaction.

F4: Converts into Common Stock on a one-for-one basis.

F5: These Restricted Stock Units vest on the transacion date.