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NOVATEL WIRELESS INC 4

Accession 0001379828-15-000020

$INSGCIK 0001022652operating
View on SEC.govCompany Profile

Filed

Mar 16, 8:00 PM ET

Accepted

Mar 17, 6:55 PM ET

Size

13.9 KB

Accession

0001379828-15-000020

Insider Transaction Report

Form 4
Period: 2015-03-14
NOVATEL WIRELESS INCMIFI
SOUISSI SLIM S
SVP & CTO
Transactions
  • Award

    Common Stock

    2015-03-16+19,094→ 526,221 total
  • Tax Payment

    Common Stock

    2015-03-14$4.76/sh−29,293$139,435→ 396,927 total
  • Award

    Common Stock

    2015-03-16+110,200→ 507,127 total
  • Exercise/Conversion

    Restricted Stock Units

    2015-03-14−77,966→ 155,932 total
    → Common Stock (77,966 underlying)
  • Exercise/Conversion

    Common Stock

    2015-03-14+77,966→ 426,220 total
  • Award

    Non-Qualified Stock Option (right to buy)

    2015-03-16+177,125→ 177,125 total
    Exercise: $4.54Exp: 2025-03-16→ Common Stock (177,125 underlying)
Footnotes (7)
  • [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]These Restricted Stock Units vest one-third annually beginning on the first anniversary of the award date.
  • [F4]Each Restricted Stock Unit represents the contingent right to receive one share of common stock upon vesting of the unit.
  • [F5]Reporting Person was awarded 19,094 Restricted Stock Units. 1,004 of these RSUs vest on April 2, 2015. The remaining RSUs vest in 9 equal monthly installments beginning on April 2, 2015.
  • [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.
  • [F7]Converts into Common Stock on a one-for-one basis.

Documents

1 file

Issuer

NOVATEL WIRELESS INC

CIK 0001022652

→
Entity typeoperating

Related Parties

1
  • filerCIK 0001022652

Filing Metadata

Form type
4
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 6:55 PM ET
Size
13.9 KB
View on SEC.gov