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INSEEGO CORP. — Director's Dealing 2014
Aug 7, 2014
33606_dirs_2014-08-06_bd841748-48df-4d58-a74a-85cfd1df8506.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: 2014-08-04
Reporting Person: Mashinsky Alex (Director, Interim CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-08-04 | Common Stock | A | 72308.0 | — | Acquired | 140508 | Direct |
| 2014-08-04 | Common Stock | F | 5287.0 | $1.87 | Disposed | 135221 | Direct |
Footnotes
F1: On August 4, 2014, Reporting Person was granted 72,308 RSUs. These RSUs vest in 6 equal monthly installments beginning on July 1, 2014.
F2: Each Restricted Stock Unit represents the contingent right to receive one share of common stock upon vesting of the unit.
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.
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