4//SEC Filing
North Sound Management, Inc. 4
Accession 0000950142-19-000662
CIK 0001022652other
Filed
Mar 28, 8:00 PM ET
Accepted
Mar 29, 4:59 PM ET
Size
14.8 KB
Accession
0000950142-19-000662
Insider Transaction Report
Form 4
INSEEGO CORP.INSG
Miller Brian
Director10% Owner
Transactions
- Exercise/Conversion
Warrant (right to purchase)
2019-03-28−1,055,425→ 0 total(indirect: See Footnote)Exercise: $2.52From: 2019-02-06Exp: 2023-08-06→ Common Stock (1,055,425 underlying) - Award
Warrant (right to purchase)
2019-03-28+625,000→ 625,000 total(indirect: See Footnote)Exercise: $7.00From: 2019-09-28Exp: 2022-06-30→ Common Stock (625,000 underlying) - Exercise/Conversion
Common Stock
2019-03-28$2.52/sh+1,055,425$2,659,671→ 10,301,995 total(indirect: See Footnote)
Holdings
- 60,083
Common Stock
North Sound Trading, LP
Director10% Owner
Transactions
- Exercise/Conversion
Common Stock
2019-03-28$2.52/sh+1,055,425$2,659,671→ 10,301,995 total(indirect: See Footnote) - Award
Warrant (right to purchase)
2019-03-28+625,000→ 625,000 total(indirect: See Footnote)Exercise: $7.00From: 2019-09-28Exp: 2022-06-30→ Common Stock (625,000 underlying) - Exercise/Conversion
Warrant (right to purchase)
2019-03-28−1,055,425→ 0 total(indirect: See Footnote)Exercise: $2.52From: 2019-02-06Exp: 2023-08-06→ Common Stock (1,055,425 underlying)
Holdings
- 60,083
Common Stock
North Sound Management, Inc.
Director10% Owner
Transactions
- Exercise/Conversion
Common Stock
2019-03-28$2.52/sh+1,055,425$2,659,671→ 10,301,995 total(indirect: See Footnote) - Exercise/Conversion
Warrant (right to purchase)
2019-03-28−1,055,425→ 0 total(indirect: See Footnote)Exercise: $2.52From: 2019-02-06Exp: 2023-08-06→ Common Stock (1,055,425 underlying) - Award
Warrant (right to purchase)
2019-03-28+625,000→ 625,000 total(indirect: See Footnote)Exercise: $7.00From: 2019-09-28Exp: 2022-06-30→ Common Stock (625,000 underlying)
Holdings
- 60,083
Common Stock
Footnotes (4)
- [F1]The shares and warrants are owned directly by North Sound Trading, LP, a Delaware partnership ("North Sound Trading"). Mr. Miller is the sole shareholder of North Sound Management, Inc., a Delaware corporation ("North Sound Management"), which in turn is the general partner of North Sound Trading. Mr. Miller and North Sound Management may be deemed to indirectly own the shares directly owned by North Sound Trading. Each of North Sound Trading and North Sound Management is deemed a director by deputization by virtue of their relationship with Mr. Miller, a director of the Issuer. The exercise of the warrant to acquire 1,055,425 shares of common stock and the acquisition of the warrant to acquire 625,000 shares of common stock are each transactions that are exempt from Section 16(b) pursuant to Section 16b-3.
- [F2]Of the 60,083 restricted stock units, 42,521 restricted stock units are scheduled to vest over a three-year period, with one-third vesting on each anniversary of the grant date through the third anniversary of the grant date. The remaining 17,562 restricted stock units are scheduled to vest in full on the first anniversary of the grant date.
- [F3]The restricted stock units convert into common stock on a one-for-one basis.
- [F4]The restricted stock units are owned directly by Brian Miller.
Documents
Issuer
INSEEGO CORP.
CIK 0001022652
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001749646
Filing Metadata
- Form type
- 4
- Filed
- Mar 28, 8:00 PM ET
- Accepted
- Mar 29, 4:59 PM ET
- Size
- 14.8 KB