INSEEGO CORP. — Director's Dealing 2012

Mar 13, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NOVATEL WIRELESS INC (NVTL)
CIK: 0001022652
Period of Report: 2012-03-08

Reporting Person: Ledwith James (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-11	Common Stock	M	2396	—	Acquired	15802	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-08	Restricted Stock Units	$	A	18329	Acquired		Common Stock (18329)	Direct
2012-03-11	Restricted Stock Units	$	M	2396	Disposed		Common Stock (2396)	Direct

Footnotes

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

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.

F4: These Restricted Stock Units vest on the transacion date.