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INSEEGO CORP. — Director's Dealing 2018
Aug 10, 2018
33606_dirs_2018-08-10_60ef5f2b-1651-4e1b-85d5-7a25bb4df798.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: INSEEGO CORP. (INSG)
CIK: 0001022652
Period of Report: 2018-08-06
Reporting Person: Golden Harbor Ltd. (10% Owner)
Reporting Person: LEWIS JOSEPH (10% Owner)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 9046500 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Warrant (right to purchase) | $1.63 | 2023-08-06 | Common Stock (3166275) | Direct | |
| Convertible Note | $4.70 | Common Stock () | Direct |
Footnotes
F1: These securities are owned directly by Golden Harbor Ltd. ("Golden Harbor"), which may be deemed to be a member of a "group" for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, consisting of Golden Harbor and Joseph C. Lewis. Mr. Lewis is the sole indirect beneficial owner of and controls Golden Harbor.
F2: The warrants are not exercisable to the extent that, following exercise of such warrants, the warrant holder and its affiliates would beneficially own more than 9.99% of the issuer's common stock.
F3: The convertible note will mature on June 15, 2022, unless earlier converted, redeemed or repurchased. The convertible note is convertible into cash, shares of the issuer's common stock, or a combination thereof, at the issuer's election, at an initial conversion price of $4.70 per share of common stock, which is subject to adjustment. The convertible note may be converted by the holder in whole or in part at any time prior to the close of business on the business day immediately preceding December 15, 2021 but subject to certain conditions.