NOVATEL WIRELESS INC 4
4 · NOVATEL WIRELESS INC · Filed Jun 27, 2007
Insider Transaction Report
Form 4
Ross John
Director
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2007-06-25+7,500→ 7,500 totalExercise: $25.22Exp: 2017-06-25→ Common Stock (7,500 underlying) - Award
Restricted Stock Units
2007-06-25+4,500→ 4,500 totalExercise: $0.00→ Common Stock (4,500 underlying)
Footnotes (3)
- [F1]This option shall vest over three (3) years, 33.3% of which shall vest on the one-year anniversary of the grant date, followed by 24 months of ratable monthly vesting.
- [F2]Converts into Common Stock on a one-for-one basis.
- [F3]Restricted Stock Units vest 33.3% annually begining on the first anniversary of the grant date.