NOVATEL WIRELESS INC 4
4 · NOVATEL WIRELESS INC · Filed Mar 14, 2014
Insider Transaction Report
Form 4
RATCLIFFE CATHERINE F
SVP Business Affairs
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2014-03-14+72,373→ 72,373 totalExercise: $1.97Exp: 2024-03-14→ Common Stock (72,373 underlying) - Award
Restricted Stock Units
2014-03-14+192,994→ 234,054 total→ Common Stock (192,994 underlying)
Footnotes (3)
- [F1]This option shall vest over three (3) years, one-third of which shall vest on the one-year anniversary of the grant date, followed by 24 months of ratable monthly vesting.
- [F2]Converts into Common Stock on a one-for-one basis.
- [F3]These RSU's vest one-third annually beginning on the first anniversary of the award date.