Ross Chris 4
4 · NOVATEL WIRELESS INC · Filed Mar 15, 2011
Insider Transaction Report
Form 4
Ross Chris
SVP Operations
Transactions
- Tax Payment
Common Stock
2011-03-11$5.65/sh−3,323$18,775→ 34,587 total - Tax Payment
Common Stock
2011-03-13$5.65/sh−4,925$27,826→ 42,857 total - Exercise/Conversion
Common Stock
2011-03-11+7,907→ 37,910 total - Exercise/Conversion
Common Stock
2011-03-13+13,195→ 47,782 total - Exercise/Conversion
Restricted Stock Units
2011-03-11−7,907→ 29,010 total→ Common Stock (7,907 underlying) - Exercise/Conversion
Restricted Stock Units
2011-03-13−13,195→ 15,815 total→ Common Stock (13,195 underlying)
Footnotes (5)
- [F1]Reflects partial vesting of Restricted Stock Units (RSU's) previously awarded to the Reporting Person.
- [F2]Includes 7,246 shares acquired on May 14, 2010 under the issuers Employee Stock Purchase Plan.
- [F3]Automatic disposition of shares back to Issuer (and subsequent cancellation thereof) solely to satisfy immediate payroll tax withholding obligation triggered by the vesting of restricted stock. The Reporting Person received no proceeds from this transaction.
- [F4]Converts into Common Stock on a one-for-one basis.
- [F5]These Restricted Stock Units vest on the transacion date.