4//SEC Filing
Byron Marc V 4
Accession 0001277423-12-000001
CIK 0001410240other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 9:56 PM ET
Size
12.1 KB
Accession
0001277423-12-000001
Insider Transaction Report
Form 4
Byron Marc V
Director
Transactions
- Sale
Warrant
2011-12-30−900,000→ 0 total(indirect: By LLC)Exercise: $7.00From: 2009-03-31Exp: 2012-01-10→ Common Stock (900,000 underlying)
Holdings
- 241,893(indirect: By LLC)
Common Stock
Exercise: $0.00Exp: 2014-03-31→ Common Stock (241,893 underlying) - 105,050(indirect: By LLC)
Common Stock
- 621,293(indirect: By LLC)
Common Stock
- 36,000
Common Stock
- 333,026(indirect: By LLC)
Common Stock
Exercise: $0.00Exp: 2014-03-31→ Common Stock (333,026 underlying)
Footnotes (5)
- [F1]Represents shares of common stock issued to Mr. Byron under the Company's 2009 Equity and Incentive Plan for no additional consideration. Such shares of common stock may not be sold, assigned, transferred, pledged, hypothecated or otherwise disposed by the reporting person until they vest and become transferable. The common stock vests in three equal installments with the first and second installment having vested and become transferable on March 31, 2010 and March 31, 2011, respectively, and the third installment vesting and becoming transferable on March 31, 2012.
- [F2]Mr. Byron controls Byron Business Ventures XX, LLC.
- [F3]Mr. Byron has a pecuniary interest in the shares of common stock held by Trivergance, LLC.
- [F4]Shares held in escrow to be released to the Reporting Person if the trading price of the Company's common stock equals or exceeds $20.00 for any 20 trading days within a 30 trading-day period between March 31, 2010 and March 31, 2014.
- [F5]Shares held in escrow to be released to the Reporting Person in three tranches as follows: (i) the first tranche of 40% of such shares will be released if the trading price of the Company's common stock equals or exceeds $20.00 for any 20 trading days within a 30 trading-day period prior to March 31, 2014; (ii) the second tranche of 30% of such shares will be released if the trading price of the Company's common stock equals or exceeds $24.50 for any 20 trading days within a 30 trading-day period prior to March 31, 2014; and (iii) the third tranche of 30% of such shares will be released if the trading price of the Company's common stock equals or exceeds $30.50 for any 20 trading days within a 30 trading-day period between March 31, 2012 and March 2014.
Documents
Issuer
HUGHES Telematics, Inc.
CIK 0001410240
Entity typeother
Related Parties
1- filerCIK 0001423511
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 9:56 PM ET
- Size
- 12.1 KB