PUDWILL HORST J 4
4 · NOVATEL WIRELESS INC · Filed Mar 15, 2010
Insider Transaction Report
Form 4
PUDWILL HORST J
Director
Transactions
- Exercise/Conversion
Common Stock
2010-03-13+3,205→ 15,205 total - Award
Restricted Stock Units
2010-03-11+7,188→ 16,803 totalExercise: $0.00→ Common Stock (7,188 underlying) - Award
Non-Qualified Stock Option (right to buy)
2010-03-11+10,791→ 10,791 totalExercise: $6.95Exp: 2020-03-11→ Common Stock (10,791 underlying) - Exercise/Conversion
Restricted Stock Units
2010-03-13−3,205→ 13,598 totalExercise: $0.00→ Common Stock (3,205 underlying)
Holdings
- 61,032(indirect: by Corporation)
Common Stock
Footnotes (5)
- [F1]Reflects partial vesting of Restricted Stock Units (RSU's) previously awarded to the Reporting Person.
- [F2]Bay Investments Limited is the holder of record of these securities. Horst J. Pudwill, one of the Issuer's directors, exercises voting and investment control over these securites but disclaims beneficial ownership except to the extent of his pecuniary interest therein.
- [F3]This option shall vest over three (3) years, one-third of which shall vest on the one-year anniversary of the grant date, followed by 24 months of ratable monthly vesting.
- [F4]Converts into Common Stock on a one-for-one basis.
- [F5]These RSU's vest one-third annually begining on the first anniversary of the grant date.