SEC Form 4 · accession 0001140361-16-058608
INSEEGO CORP. · INSG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Continental Insurance Group, Ltd.
10% Owner · Other
Continental Insurance, Inc.
10% Owner
Period of report
Mar 17, 2016
Accepted (ET)
Mar 21, 2016 · 6:07 pm EDT
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 | Mar 17, 2016 | P | 3,709,094 | $1.59 | A | 11,473,799 | I | By Continental General Insurance Company and United Teacher Associates Insurance Company |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares of common stock were purchased from HC2 Holdings 2, Inc., the indirect 100% shareholder of United Teacher Associates Insurance Company ("UTAIC") and Continental General Insurance Company ("CGIC"), pursuant that certain securities purchase agreement, dated March 17, 2016.
- F2The securities of the Issuer reported herein are held directly by UTAIC, 8,338,270 shares, and CGIC, 3,135,529 shares. UTAIC and CGIC are direct wholly owned subsidiaries of Continental Insurance, Inc., and UTAIC and CGIC are indirect wholly owned subsidiaries of Continental Insurance Group Ltd.