NOVATEL WIRELESS INC 4
4 · NOVATEL WIRELESS INC · Filed Jul 1, 2013
Insider Transaction Report
Form 4
Leddon Kenneth
SVP Finance and CFO
Transactions
- Exercise/Conversion
Common Stock
[F1]2013-07-01+20,122→ 114,001 total - Tax Payment
Common Stock
[F2]2013-07-01$4.06/sh−7,561$30,698→ 106,440 total - Exercise/Conversion
Restricted Stock Units
[F3][F4]2013-07-01−20,122→ 60,366 total→ Common Stock (20,122 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.
Signature
By: Patrick T. Waters For: Kenneth Leddon|2013-07-01