SMITH STEPHEN M 4
4 · INSEEGO CORP. · Filed Jun 4, 2020
Insider Transaction Report
Form 4
INSEEGO CORP.INSG
SMITH STEPHEN M
Chief Financial Officer
Transactions
- Award
Common Stock
2020-06-02+6,636→ 33,635 total - Sale
Common Stock
2020-06-02$10.42/sh−2,244$23,382→ 31,391 total
Footnotes (2)
- [F1]Shares issued pursuant to restricted stock units which vested immediately upon grant and convert into common stock on a one-for-one basis.
- [F2]Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of Restricted Stock Units ("RSUs"). This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell-to-cover" transaction and does not represent a discretionary sale by the Reporting Person.