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INSEEGO CORP. — Director's Dealing 2020
Jun 5, 2020
33606_dirs_2020-06-04_6edb817d-1c06-48cc-88c1-3b678bb0e51d.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: 2020-06-02
Reporting Person: Mondor Dan (Chairman & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-06-02 | Common Stock | A | 19148 | — | Acquired | 162067 | Direct |
| 2020-06-02 | Common Stock | S | 6621 | $10.42 | Disposed | 155446 | Direct |
Footnotes
F1: Shares issued pursuant to restricted stock units which vested immediately upon grant and convert into common stock on a one-for-one basis.
F2: Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of Restricted Stock Units ("RSUs"). This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell-to-cover" transaction and does not represent a discretionary sale by the Reporting Person.