NOVATEL WIRELESS INC 4
4 · NOVATEL WIRELESS INC · Filed Apr 14, 2015
Insider Transaction Report
Form 4
SEK STEPHEN
Chief Technology Officer
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2015-04-13+70,000→ 70,000 totalExercise: $5.51Exp: 2025-04-13→ Common Stock (70,000 underlying) - Award
Common Stock
2015-04-13+30,000→ 75,510 total
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.