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INSEEGO CORP. — Director's Dealing 2014
Nov 19, 2014
33606_dirs_2014-11-19_f6848f82-a938-4d5a-b25a-f4dd8e0a963e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NOVATEL WIRELESS INC (MIFI)
CIK: 0001022652
Period of Report: 2014-11-17
Reporting Person: Mashinsky Alex (Director, CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-11-17 | Common Stock | A | 9298.0 | — | Acquired | 198976 | Direct |
| 2014-11-17 | Common Stock | A | 330965.0 | — | Acquired | 529941 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-11-17 | Non-Qualified Stock Option (right to buy) | $2.85 | A | 700000.0 | Acquired | 2017-12-02 | Common Stock (700000) | Direct |
| 2014-11-17 | Non-Qualified Stock Option (right to buy) | $5.0 | A | 300000.0 | Acquired | 2019-11-02 | Common Stock (300000) | Direct |
Footnotes
F1: These grants were made on November 2, 2014, subject to stockholder approval of an increase in the Company's authorized shares of common stock. Stockholder approval was obtained on November 17, 2014.
F2: These Restricted Stock Units vest in two equal monthly installments, on November 28, 2014 and December 31, 2014.
F3: Each Restricted Stock Unit represents the contingent right to receive one share of common stock upon vesting of the unit.
F4: Includes 4,911 shares acquired on November 14, 2014 under the issuers Employee Stock Purchase Plan.
F5: These Restricted Stock Units vest one-third annually beginning on the first anniversary of the award date.
F6: 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.