NOVATEL WIRELESS INC 4
4 · NOVATEL WIRELESS INC · Filed Sep 4, 2014
Insider Transaction Report
Form 4
NEWMAN MICHAEL A
EVP and CFO
Transactions
- Award
Common Stock
2014-09-02+225,000→ 225,000 total - Award
Common Stock
2014-09-02+13,333→ 238,333 total - Award
Non-Qualified Stock Option (right to buy)
2014-09-02+175,000→ 175,000 totalExercise: $2.25Exp: 2024-09-02→ Common Stock (175,000 underlying)
Footnotes (4)
- [F1]These Restricted Stock Units vest one-third annually beginning on the first anniversary of the award date.
- [F2]Each Restricted Stock Unit represents the contingent right to receive one share of common stock upon vesting of the unit.
- [F3]Reporting Person was awarded 13,333 Restricted Stock Units. These RSUs vest in 4 equal monthly installments beginning on September 2,2014.
- [F4]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.