4//SEC Filing
Sarvikas Juho 4
Accession 0001683168-25-000136
CIK 0001022652other
Filed
Jan 6, 7:00 PM ET
Accepted
Jan 7, 4:47 PM ET
Size
28.0 KB
Accession
0001683168-25-000136
Insider Transaction Report
Form 4
INSEEGO CORP.INSG
Sarvikas Juho
DirectorChief Executive Officer
Transactions
- Award
Stock Options (right to buy)
2025-01-06+200,000→ 200,000 totalExercise: $10.72Exp: 2035-01-06→ Common Stock (200,000 underlying) - Award
Stock Options (right to buy)
2025-01-06+210,000→ 210,000 totalExercise: $15.72Exp: 2035-01-06→ Common Stock (210,000 underlying) - Award
Stock Options (right to buy)
2025-01-06+225,000→ 225,000 totalExercise: $25.72Exp: 2035-01-06→ Common Stock (225,000 underlying) - Award
Common Stock
2025-01-06+124,347→ 123,347 total - Award
Stock Options (right to buy)
2025-01-06+215,000→ 215,000 totalExercise: $20.72Exp: 2035-01-06→ Common Stock (215,000 underlying) - Award
Performance Share Units
2025-01-06+167,910→ 167,910 totalExercise: $0.00→ Common Stock (167,910 underlying)
Footnotes (3)
- [F1]Represents restricted stock units scheduled to vest over a four-year period, with one-fourth vesting on the first anniversary of the grant date and 1/48th vesting monthly thereafter through the fourth anniversary of the grant date.
- [F2]Twenty-five percent (25%) of the shares subject to the Options shall be first eligible to vest and become exercisable on the first anniversary of the grant date and (b) 1/48 of the shares vest on each monthly anniversary thereafter (such Options which have become so eligible, "Eligible Options"), such that one hundred percent (100%) of the Options shall become Eligible Options on the four-year anniversary of the Grant Date. The Options shall vest and become only if (a) they have become Eligible Options; and (b) the average of the per-share closing price of the Company's common stock as reported on the principal exchange on which the shares are listed has equaled or exceeded the exercise price for twenty (20) trading days within any 30-day period prior to the date of exercise.
- [F3]Represents target award of performance restricted stock units that will be earned and vest based upon on the performance of the Company's Common Stock relative to the total shareholder return of Russell Microcap Index ("rTSR") between January 6, 2025 and January 7, 2028 (the "Performance Period"). The number of shares that will be issued will be between zero and 200% of the target award, depending on the level of performance through the Performance Period.
Documents
Issuer
INSEEGO CORP.
CIK 0001022652
Entity typeother
Related Parties
1- filerCIK 0002050984
Filing Metadata
- Form type
- 4
- Filed
- Jan 6, 7:00 PM ET
- Accepted
- Jan 7, 4:47 PM ET
- Size
- 28.0 KB