4//SEC Filing
Golden Harbor Ltd. 4
Accession 0000899243-20-021770
CIK 0001022652other
Filed
Aug 6, 8:00 PM ET
Accepted
Aug 7, 6:24 PM ET
Size
9.5 KB
Accession
0000899243-20-021770
Insider Transaction Report
Form 4
INSEEGO CORP.INSG
Golden Harbor Ltd.
10% Owner
Transactions
- Award
Convertible Notes Due 2025
2020-05-12→ Common Stock - Disposition to Issuer
Convertible Notes Due 2022
2020-05-12→ 0 total→ Common Stock
Footnotes (3)
- [F1]The Convertible Notes due 2022 will mature on June 15, 2022, unless earlier converted, redeemed or repurchased. The Convertible Notes due 2022 are 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 Notes due 2022 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.
- [F2]The Convertible Notes due 2025 will mature on May 1, 2025, unless earlier converted, redeemed or repurchased. The Convertible Notes due 2025 are convertible at any time until the close of business on trading day immediately before the scheduled maturity date, subject to certain limitations, into shares of the Issuer's common stock at an initial conversion price of $12.61 per share of common stock, which is subject to adjustment.
- [F3]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 Braslyn Ltd., Golden Harbor, Tavistock Financial, LLC and Joseph C. Lewis. Mr. Lewis is the sole indirect beneficial owner of and controls Golden Harbor. On May 12, 2020, Golden Harbor exchanged all the Convertible Notes due 2022 that it owned for $24,456,000 principal amount of Convertible Notes due 2025 and a payment of $9,801,000 in cash. The exchange transaction is exempt from Section 16(b) of the Securities Exchange Act by virtue of the exemption provided in Rule 16b-3.
Documents
Issuer
INSEEGO CORP.
CIK 0001022652
Entity typeother
Related Parties
1- filerCIK 0001747770
Filing Metadata
- Form type
- 4
- Filed
- Aug 6, 8:00 PM ET
- Accepted
- Aug 7, 6:24 PM ET
- Size
- 9.5 KB