Ross Chris 4

4 · NOVATEL WIRELESS INC · Filed Mar 12, 2012

Form 4

Period: 2012-03-08

SVP Operations

Transactions

Exercise/Conversion
Common Stock
2012-03-11+7,907→ 49,679 total
Award
Non-Qualified Stock Option (right to buy)
2012-03-08+19,449→ 19,449 total
Exercise: $3.44Exp: 2022-03-08→ Common Stock (19,449 underlying)
Tax Payment
Common Stock
2012-03-11$3.33/sh−3,311$11,026→ 46,368 total
Award
Restricted Stock Units
2012-03-08+51,812→ 119,439 total
→ Common Stock (51,812 underlying)
Exercise/Conversion
Restricted Stock Units
2012-03-11−7,907→ 111,532 total
→ Common Stock (7,907 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

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