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INSEEGO CORP. — Director's Dealing 2020
May 22, 2020
33606_dirs_2020-05-22_a94e54d4-07c3-4f91-aa50-c8750f6ba672.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: 2020-05-01
Reporting Person: Tavistock Financial, LLC (10% Owner)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 71122 | Indirect |
Footnotes
F1: Reflects restricted stock units ("RSUs") granted to James B. Avery, a member of the issuer's board of directors. Mr. Avery is obligated to transfer any shares issued pursuant to any equity awards made to him by the issuer, or the economic benefits thereof, to Tavistock Financial, LLC ("Tavistock Financial"). Tavistock Financial may be deemed indirect beneficial owner of the RSUs.
F2: The RSUs convert into common stock on a one-for-one basis, and vest as follows: 31,375 on July 1, 2020, 14,174 on October 25, 2020, 14,174 on October 25, 2021 and 11,039 on February 5, 2021.
F3: These securities are beneficially owned indirectly by Tavistock Financial 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 Braslyn Ltd, Golden Harbor Ltd. and Joseph C. Lewis. Mr. Lewis is the sole indirect beneficial owner of and controls Tavistock Financial.