HADLEY ROBERT M 4
4 · NOVATEL WIRELESS INC · Filed Mar 12, 2013
Insider Transaction Report
Form 4
HADLEY ROBERT M
Chief Marketing Officer
Transactions
- Tax Payment
Common Stock
2013-03-11$2.08/sh−4,717$9,811→ 68,336 total - Exercise/Conversion
Restricted Stock Units
2013-03-08−23,217→ 104,254 total→ Common Stock (23,217 underlying) - Exercise/Conversion
Common Stock
2013-03-11+11,382→ 73,053 total - Exercise/Conversion
Common Stock
2013-03-08+23,217→ 71,858 total - Tax Payment
Common Stock
2013-03-08$2.11/sh−10,187$21,495→ 61,671 total - Exercise/Conversion
Restricted Stock Units
2013-03-11−11,382→ 92,872 total→ Common Stock (11,382 underlying)
Footnotes (4)
- [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]Converts into Common Stock on a one-for-one basis.
- [F4]These RSU's vest one-third annually beginning on the first anniversary of the award date.