NOVATEL WIRELESS INC 4
4 · NOVATEL WIRELESS INC · Filed Oct 4, 2016
Insider Transaction Report
Form 4
SEK STEPHEN
Chief Technology Officer
Transactions
- Tax Payment
Common Stock
2016-10-01$3.14/sh−2,818$8,849→ 251,771 total - Exercise/Conversion
Common Stock
2016-10-01+7,500→ 250,181 total
Footnotes (3)
- [F1]Reflects vesting of Restricted Stock Units previously awarded to the Reporting Person.
- [F2]Automatic disposition of shares back to Issuer (and subsequent cancellation therof) soley to satisfy immediate payroll tax withholding obligation triggered by the vesting of restricted stock. The Reporting Person received no proceeds from this transaction.
- [F3]Of the 251,771 shares reported, 4,408 shares were purchased through the Employee Stock Plan on 5/13/16.