NOVATEL WIRELESS INC 4
4 · NOVATEL WIRELESS INC · Filed Mar 14, 2014
Insider Transaction Report
Form 4
LEPARULO PETER V
DirectorChairman and CEO
Transactions
- Award
Restricted Stock Units
2014-03-14+479,096→ 579,462 total→ Common Stock (479,096 underlying) - Award
Non-Qualified Stock Option (right to buy)
2014-03-14+179,661→ 179,661 totalExercise: $1.97Exp: 2024-03-14→ Common Stock (179,661 underlying)
Footnotes (3)
- [F1]This option shall vest over three (3) years, one-third 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]These RSU's vest one-third annually beginning on the first anniversary of the award date.