MUTUAL TRUST MANAGEMENT BERMUDA LTD 4
4 · NOVATEL WIRELESS INC · Filed Aug 20, 2003
Insider Transaction Report
Form 4
MUTUAL TRUST MANAGEMENT BERMUDA LTD
10% Owner
Transactions
- Other
Series B Convertible Preferred Stock
2003-08-14$1000.00/sh+87$87,000→ 940 totalExercise: $0.70From: 2003-08-14→ Common Stock (124,286 underlying)
Footnotes (3)
- [F1]Series B stock has no expiration date
- [F2]Represents number of shares of common stock issuable upon conversion of 87 shares of Series B Preferred Stock if conversion had occurred on 8/14/03.
- [F3]Represents conversion into Series B Convertible Preferred Stock of $87,000 principal amount of Secured Subordinated Convertible Notes. Held as Trustee for Sofaer Funds/Global Hedge Fund. The Reporting Person disclaims beneficial ownership of these securities