NOVATEL WIRELESS INC 4
4 · NOVATEL WIRELESS INC · Filed Jul 1, 2013
Insider Transaction Report
Form 4
HADLEY ROBERT M
Chief Marketing Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2013-07-01−23,218→ 69,654 total→ Common Stock (23,218 underlying) - Exercise/Conversion
Common Stock
2013-07-01+23,218→ 91,554 total - Tax Payment
Common Stock
2013-07-01$4.06/sh−8,725$35,424→ 82,829 total
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.