NOVATEL WIRELESS INC 4
4 · NOVATEL WIRELESS INC · Filed Jul 2, 2014
Insider Transaction Report
Form 4
HADLEY ROBERT M
Chief Marketing Officer
Transactions
- Exercise/Conversion
Common Stock
2014-07-01+23,218→ 119,077 total - Tax Payment
Common Stock
2014-07-01$1.95/sh−8,721$17,006→ 110,356 total - Exercise/Conversion
Restricted Stock Units
2014-07-01−23,218→ 199,489 total→ Common Stock (23,218 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.