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INSEEGO CORP. Director's Dealing 2017

Jun 14, 2017

33606_dirs_2017-06-13_42a96f3e-2de5-4e8a-a449-ab70af93eb97.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INSEEGO CORP. (INSG)
CIK: 0001022652
Period of Report: 2017-06-06

Reporting Person: Mondor Dan (President and CEO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-06-06 Non-Qualified Stock Option (right to buy) $.94 A 750000 Acquired 2027-06-06 Common Stock (750000) Direct

Footnotes

F1: These stock options will vest 100% on June 6, 2018, the first anniversary of the date of grant, provided Mr. Mondor remains employed by the Company through such date. In the event of a change in control of the Company (as defined in his Change in Control and Severance Agreement, or "CIC Agreement") prior to June 6, 2018, 100% of the options will vest, provided Mr. Mondor remains employed with the Company through the date of such change in control. In the event Mr. Mondor's employment with the Company is involuntarily terminated without "cause" (as defined in his CIC Agreement) prior to June 6, 2018 and other than in connection with a change in control of the Company, then a pro rata portion of the options will vest, based on the number of full months between his start date and his termination date, divided by 12.