Leddon Kenneth 4
4 · NOVATEL WIRELESS INC · Filed Mar 12, 2013
Insider Transaction Report
Form 4
Leddon Kenneth
SVP Finance and CFO
Transactions
- Tax Payment
Common Stock
2013-03-08$2.11/sh−8,829$18,629→ 88,297 total - Exercise/Conversion
Restricted Stock Units
2013-03-08−20,122→ 90,353 total→ Common Stock (20,122 underlying) - Exercise/Conversion
Restricted Stock Units
2013-03-11−9,865→ 80,488 total→ Common Stock (9,865 underlying) - Exercise/Conversion
Common Stock
2013-03-08+20,122→ 97,126 total - Exercise/Conversion
Common Stock
2013-03-11+9,865→ 98,162 total - Tax Payment
Common Stock
2013-03-11$2.08/sh−4,283$8,909→ 93,879 total
Footnotes (4)
- [F1]Reflects partial vesting of Restricted Stock Units (RSU's) previously awarded to the Reporting Person.
- [F2]Automatic disposition of shares back to Issuer (and subsequent cancellation thereof) solely to satisfy immediate payroll tax withholding obligation triggered by the vesting of restricted stock. The Reporting Person received no proceeds from this transaction.
- [F3]Converts into Common Stock on a one-for-one basis.
- [F4]These RSU's vest one-third annually beginning on the first anniversary of the award date.