NOVATEL WIRELESS INC 4
4 · NOVATEL WIRELESS INC · Filed Mar 11, 2014
Insider Transaction Report
Form 4
HADLEY ROBERT M
Chief Marketing Officer
Transactions
- Exercise/Conversion
Common Stock
2014-03-08+23,218→ 106,047 total - Exercise/Conversion
Restricted Stock Units
2014-03-08−23,218→ 46,436 total→ Common Stock (23,218 underlying) - Tax Payment
Common Stock
2014-03-08$2.12/sh−10,188$21,599→ 95,859 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.