NOVATEL WIRELESS INC 4

4 · NOVATEL WIRELESS INC · Filed Nov 19, 2014

Form 4

Period: 2014-11-17

DirectorInterim CEO

Transactions

Award
Non-Qualified Stock Option (right to buy)
2014-11-17+700,000→ 700,000 total
Exercise: $2.85Exp: 2017-12-02→ Common Stock (700,000 underlying)
Award
Non-Qualified Stock Option (right to buy)
2014-11-17+300,000→ 300,000 total
Exercise: $5.00Exp: 2019-11-02→ Common Stock (300,000 underlying)
Award
Common Stock
2014-11-17+9,298→ 198,976 total
Award
Common Stock
2014-11-17+330,965→ 529,941 total

Footnotes (6)

[F1]These grants were made on November 2, 2014, subject to stockholder approval of an increase in the Company's authorized shares of common stock. Stockholder approval was obtained on November 17, 2014.
[F2]These Restricted Stock Units vest in two equal monthly installments, on November 28, 2014 and December 31, 2014.
[F3]Each Restricted Stock Unit represents the contingent right to receive one share of common stock upon vesting of the unit.
[F4]Includes 4,911 shares acquired on November 14, 2014 under the issuers Employee Stock Purchase Plan.
[F5]These Restricted Stock Units vest one-third annually beginning on the first anniversary of the award date.
[F6]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.

Documents

1 file