Mondor Dan 4
4 · INSEEGO CORP. · Filed Mar 11, 2022
Insider Transaction Report
Form 4
INSEEGO CORP.INSG
Mondor Dan
President and CEO
Transactions
- Exercise/Conversion
Common Stock
2022-03-09$0.94/sh+50,000$47,000→ 243,870 total - Disposition to Issuer
Common Stock
2022-03-09$4.63/sh−92,533$428,428→ 304,328 total - Exercise/Conversion
Stock Options
2022-03-09−50,000→ 506,116 totalExercise: $0.94From: 2018-06-06Exp: 2027-06-06→ Common Stock (50,000 underlying) - Sale
Common Stock
2022-03-09$4.61/sh−50,000$230,500→ 193,870 total - Award
Common Stock
2022-03-09+202,991→ 396,861 total
Footnotes (3)
- [F1]Stock option exercise and same-day-sale.
- [F2]Reflects the weighted average sale price. The reporting person effected multiple open market sale transactions on the same day at different prices through a trade order executed by a broker dealer. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a shareholder of the issuer, full information regarding the number of shares sold at each separate price. The range of prices for such transactions is $4.51 to $4.86.
- [F3]Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of the 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.