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INSEEGO CORP. — Director's Dealing 2011
Jan 26, 2011
33606_dirs_2011-01-26_58fd3a20-3596-48a8-acab-690852704050.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: 2011-01-25
Reporting Person: Leddon Kenneth (SVP Finance and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-01-25 | Common Stock | M | 4724 | — | Acquired | 19728 | Direct |
| 2011-01-25 | Common Stock | F | 1987 | $7.3 | Disposed | 17741 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-01-25 | Restricted Stock Units | $0 | M | 4724 | Disposed | Common Stock (4724) | Direct |
Footnotes
F1: 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.
F2: Converts into Common Stock on a one-for-one basis.
F3: 66.67% of the total Restricted Stock Units awarded vested on January 25, 2010 with the remaining balance vesting on January 25, 2011.
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