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INSEEGO CORP. Director's Dealing 2021

Sep 24, 2021

33606_dirs_2021-09-24_e05df4b1-3b52-4de3-bee5-43e13b379c2b.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: 2021-09-22

Reporting Person: Golden Harbor Ltd. (Director, 10% Owner)
Reporting Person: LEWIS JOSEPH (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-09-22 Common Stock A 1067645 $0.00 Acquired 14908149 Direct
2021-09-22 Series E Cumulative Perpetual Preferred Stock D 7000 $0.00 Disposed 0 Direct

Footnotes

F1: Pursuant to an Exchange Agreement (the "Exchange Agreement") dated September 3, 2021 between the Issuer and Golden Harbor Ltd. ("Golden Harbor"), on September 22, 2021, Golden Harbor exchanged its 7,000 shares of Issuer's Fixed-Rate Cumulative Perpetual Preferred Stock, Series E, par value $0.001 per share, for 1,067,645 shares of the Issuer's common stock (the "Exchange").

F2: These securities are owned directly by 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 Braslyn Ltd., Golden Harbor, Tavistock Financial, LLC and Joseph C. Lewis. Mr. Lewis is the sole indirect beneficial owner of and controls Golden Harbor. Each of Golden Harbor and Mr. Lewis is deemed a director by deputization by virtue of their relationship with James B. Avery, a director of the issuer. The Exchange is exempt from Section 16(b) of the Securities Exchange Act by virtue of the exemptions provided in Rule 16b-3.