RATCLIFFE CATHERINE F 4
4 · NOVATEL WIRELESS INC · Filed Mar 12, 2013
Insider Transaction Report
Form 4
RATCLIFFE CATHERINE F
SVP Business Affairs
Transactions
- Tax Payment
Common Stock
2013-03-08$2.11/sh−9,008$19,007→ 94,354 total - Tax Payment
Common Stock
2013-03-11$2.08/sh−4,380$9,110→ 100,038 total - Exercise/Conversion
Restricted Stock Units
2013-03-08$2.11/sh−20,529$43,316→ 92,182 total→ Common Stock (20,529 underlying) - Exercise/Conversion
Common Stock
2013-03-08+20,529→ 103,362 total - Exercise/Conversion
Common Stock
2013-03-11+10,064→ 104,418 total - Exercise/Conversion
Restricted Stock Units
2013-03-11−10,064→ 82,118 total→ Common Stock (10,064 underlying)
Footnotes (5)
- [F1]Reflects partial vesting of Restricted Stock Units (RSU's) previously awarded to the Reporting Person.
- [F2]Includes 6,114 shares acquired on November 15, 2012 under the issuers Employee Stock Purchase Plan.
- [F3]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.
- [F4]Converts into Common Stock on a one-for-one basis.
- [F5]These RSU's vest one-third annually beginning on the first anniversary of the award date.