NOVATEL WIRELESS INC 4
4 · NOVATEL WIRELESS INC · Filed Mar 11, 2014
Insider Transaction Report
Form 4
RATCLIFFE CATHERINE F
SVP Business Affairs
Transactions
- Tax Payment
Common Stock
2014-03-08$2.12/sh−9,008$19,097→ 124,374 total - Exercise/Conversion
Restricted Stock Units
2014-03-08−20,529→ 41,060 total→ Common Stock (20,529 underlying) - Exercise/Conversion
Common Stock
2014-03-08+20,529→ 133,382 total
Footnotes (4)
- [F1]These Restricted Stock Units vest on the transaction date.
- [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.