4//SEC Filing
Leddon Kenneth 4
Accession 0001379828-12-000007
CIK 0001022652other
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 7:30 PM ET
Size
12.7 KB
Accession
0001379828-12-000007
Insider Transaction Report
Form 4
Leddon Kenneth
SVP Finance and CFO
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2012-03-08+22,660→ 22,660 totalExercise: $3.44Exp: 2022-03-08→ Common Stock (22,660 underlying) - Exercise/Conversion
Common Stock
2012-03-11+9,864→ 43,393 total - Tax Payment
Common Stock
2012-03-11$3.33/sh−4,131$13,756→ 39,262 total - Award
Restricted Stock Units
2012-03-08+60,366→ 140,461 total→ Common Stock (60,366 underlying) - Exercise/Conversion
Restricted Stock Units
2012-03-11−9,864→ 130,597 total→ Common Stock (9,864 underlying)
Footnotes (6)
- [F1]Reflects partial vesting of Restricted Stock Units (RSU's) previously awarded to the Reporting Person.
- [F2]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.
- [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 beginning on the first anniversary of the award date.
- [F6]These Restricted Stock Units vest on the transacion date.
Documents
Issuer
NOVATEL WIRELESS INC
CIK 0001022652
Entity typeother
Related Parties
1- filerCIK 0001424835
Filing Metadata
- Form type
- 4
- Filed
- Mar 11, 8:00 PM ET
- Accepted
- Mar 12, 7:30 PM ET
- Size
- 12.7 KB