NOVATEL WIRELESS INC 4
4 · NOVATEL WIRELESS INC · Filed Mar 17, 2015
Insider Transaction Report
Form 4
NEWMAN MICHAEL A
EVP and CFO
Transactions
- Award
Common Stock
2015-03-16+68,850→ 334,705 total - Award
Non-Qualified Stock Option (right to buy)
2015-03-16+110,650→ 110,650 totalExercise: $4.54Exp: 2025-03-16→ Common Stock (110,650 underlying)
Footnotes (3)
- [F1]These Restricted Stock Units vest one-third annually beginning on the first anniversary of the award date.
- [F2]Each Restricted Stock Unit represents the contingent right to receive one share of common stock upon vesting of the unit.
- [F3]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.