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INSEEGO CORP. — Director's Dealing 2014
Mar 11, 2014
33606_dirs_2014-03-11_c44b2841-91dd-4a68-a4d9-061b12cecc5d.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: 2014-03-08
Reporting Person: LEPARULO PETER V (Director, Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-03-08 | Common Stock | M | 50183.0 | $0.0 | Acquired | 477819 | Direct |
| 2014-03-08 | Common Stock | F | 19310.0 | $2.12 | Disposed | 458509 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-03-08 | Restricted Stock Units | $ | M | 50183.0 | Disposed | Common Stock (50183) | 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.
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