SEC Form 4 · accession 0001022652-16-000085
INSEEGO CORP. · INSG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Susan Swenson
Officer — Chief Executive Officer · Director
Period of report
Mar 4, 2016
Accepted (ET)
Mar 8, 2016 · 7:46 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 | Mar 4, 2016 | M | 5,000 | — | A | 1,034,708 | D | |
| Common Stock | Mar 4, 2016 | F | 2,189 | $1.70 | D | 1,032,519 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Mar 4, 2016 | M | 5,000 | D | — | — | Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1Restricted Stock Units convert into common stock on a one-for-one basis.
- F2Represents shares of common stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the Restricted Stock Units and does not represent a sale by the reporting person.
- F3On March 4, 2013, the reporting person was granted 15,000 Restricted Stock Units, vesting one-third annually beginning on the first anniversary of the award date.