NOVATEL WIRELESS INC 4

4 · NOVATEL WIRELESS INC · Filed Mar 17, 2015

Form 4

Period: 2015-03-14

SVP & CTO

Transactions

Award
Common Stock
2015-03-16+19,094→ 526,221 total
Tax Payment
Common Stock
2015-03-14$4.76/sh−29,293$139,435→ 396,927 total
Award
Common Stock
2015-03-16+110,200→ 507,127 total
Exercise/Conversion
Restricted Stock Units
2015-03-14−77,966→ 155,932 total
→ Common Stock (77,966 underlying)
Exercise/Conversion
Common Stock
2015-03-14+77,966→ 426,220 total
Award
Non-Qualified Stock Option (right to buy)
2015-03-16+177,125→ 177,125 total
Exercise: $4.54Exp: 2025-03-16→ Common Stock (177,125 underlying)

Footnotes (7)

[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]These Restricted Stock Units vest one-third annually beginning on the first anniversary of the award date.
[F4]Each Restricted Stock Unit represents the contingent right to receive one share of common stock upon vesting of the unit.
[F5]Reporting Person was awarded 19,094 Restricted Stock Units. 1,004 of these RSUs vest on April 2, 2015. The remaining RSUs vest in 9 equal monthly installments beginning on April 2, 2015.
[F6]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.
[F7]Converts into Common Stock on a one-for-one basis.

Documents

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