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INSEEGO CORP. Director's Dealing 2012

Mar 14, 2012

33606_dirs_2012-03-13_5e76913a-7dc6-4dac-9ea0-9bb7a6b8bdf9.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: 2012-03-13

Reporting Person: HADLEY ROBERT M (Chief Marketing Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-03-13 Common Stock M 9438 Acquired 37400 Direct
2012-03-13 Common Stock F 3461 $3.3 Disposed 33939 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-03-13 Restricted Stock Units $ M 9438 Disposed Common Stock (9438) Direct

Footnotes

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

F2: 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.

F3: Converts into Common Stock on a one-for-one basis.

F4: These RSU's vest one-third annually beginning on the first anniversary of the award date.