SEC Form 4 · accession 0000899243-19-004057
INSEEGO CORP. · INSG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James B Avery
Director
Period of report
Feb 14, 2019
Accepted (ET)
Feb 19, 2019 · 4:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001022652
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F4 | Feb 14, 2019 | A | 42,521 | $0.00 | A | 42,151 | I | See Footnote |
| Common StockF2,F3,F4 | Feb 14, 2019 | A | 17,562 | $0.00 | A | 60,083 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The restricted stock units are scheduled to vest over a three-year period, with one-third vesting on the first anniversary of the grant date, one-third vesting on the second anniversary of the grant date and one-third vesting on the third anniversary of the grant date.
- F2The restricted stock units convert into common stock on a one-for-one basis.
- F3The restricted stock units are scheduled to vest in full on the first anniversary of the grant date.
- F4Mr. Avery is obligated to transfer any shares issued pursuant to any equity awards made to him by the Issuer, or the economic benefits thereof, to Tavistock Financial LLC. As such, the reporting person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the reporting person is a beneficial owner for the purpose of Section 16 of the Exchange Act, or for any other purpose.