NOVATEL WIRELESS INC 4
4 · NOVATEL WIRELESS INC · Filed Oct 16, 2014
Insider Transaction Report
Form 4
LEPARULO PETER V
DirectorChairman and CEO
Transactions
- Exercise/Conversion
Restricted Stock Units
2014-10-14−529,279→ 0 total→ Common Stock (529,279 underlying) - Tax Payment
Common Stock
2014-10-14$2.56/sh−220,744$565,105→ 798,369 total - Exercise/Conversion
Common Stock
2014-10-14+529,279→ 1,019,113 total
Footnotes (4)
- [F1]Reflects vesting of Restricted Stock Units 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 Restricted Stock Units are currently fully vested.