Lorenzetti Greg 4
4 · NOVATEL WIRELESS INC · Filed Mar 17, 2009
Insider Transaction Report
Form 4
Lorenzetti Greg
Director
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2009-03-13+20,455→ 20,455 totalExercise: $5.51Exp: 2019-03-13→ Common Stock (20,455 underlying) - Award
Restricted Stock Units
2009-03-13+9,615→ 9,615 total→ Common Stock (9,615 underlying)
Footnotes (3)
- [F1]This option shall vest over three (3) years, 33.3% of which shall vest on the one-year anniversary of the grant date, followed by 24 months of ratable monthly vesting.
- [F2]Converts into Common Stock on a one-for-one basis.
- [F3]Restricted Stock Units vest 33.3% annually begining on the first anniversary of the grant date.