LEWIS JOSEPH 4
4 · INSEEGO CORP. · Filed Nov 12, 2024
Insider Transaction Report
Form 4
INSEEGO CORP.INSG
LEWIS JOSEPH
10% Owner
Transactions
- Other
Exchange Warrants
2024-11-06+453,528→ 453,528 total(indirect: See footnote)Exercise: $12.12From: 2024-11-06Exp: 2028-11-06→ Common Stock (453,528 underlying) - Other
Common Stock
2024-11-06+697,736→ 1,756,842 total(indirect: See footnote)
Holdings
- 761,483(indirect: See footnote)
Common Stock
- 43,344(indirect: See footnote)
Common Stock
Footnotes (4)
- [F1]On November 6, 2024, Golden Harbor Ltd. ("Golden Harbor") surrendered to Inseego Corp. (the "Issuer") $24,456,000 in outstanding Issuer 3.25% convertible notes due 2025 (the "2025 Notes") in exchange for the Issuer's payment of $11,039.17 in accrued but unpaid interest arising under the 2025 Notes and the issuance of (i) $9,999,992 in principal amount of Issuer 9% Senior Secured Notes due 2029 (the "2029 Notes"), (ii) 697,736 shares of the Issuer's common stock, par value $0.001 ("Common Stock") and (iii) warrants (the "Exchange Warrants") to purchase 453,528 shares of Common Stock.
- [F2]These securities are owned directly by Golden Harbor. Mr. Lewis is the sole indirect beneficial owner of Golden Harbor.
- [F3]Reflects restricted stock units 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, to Tavistock Holdings, Inc. ("Tavistock Holdings") as a successor-in-interest to Tavistock Financial, LLC. These securities are owned directly by Tavistock Holdings. Mr. Lewis is the sole indirect beneficial owner of Tavistock Holdings. Golden Harbor disclaims beneficial ownership of these securities.
- [F4]These securities are owned directly by Braslyn Ltd. ("Braslyn"). Mr. Lewis is the sole indirect beneficial owner of Braslyn. Golden Harbor disclaims beneficial ownership these securities.