SEC Form 4 · accession 0001379828-15-000020

INSEEGO CORP. · INSG

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President & COO

Period of report

Mar 14, 2015

Accepted (ET)

Mar 17, 2015 · 6:55 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
Common Stock	Mar 14, 2015	M	77,966	$0.00	A	426,220	D
Common Stock	Mar 14, 2015	F	29,293	$4.76	D	396,927	D
Common Stock^F3,F4	Mar 16, 2015	A	110,200	$0.00	A	507,127	D
Common Stock^F5,F4	Mar 16, 2015	A	19,094	$0.00	A	526,221	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-Qualified Stock Option (right to buy)^F6	$4.54	Mar 16, 2015	A	177,125	A	—	Mar 16, 2025	Common Stock	177,125	177,125	D
Restricted Stock Units^F7,F3	—	Mar 14, 2015	M	77,966	D	—	—	Common Stock	77,966	155,932	D

F1Reflects partial vesting of Restricted Stock Units (RSU's) previously awarded to the Reporting Person.
F2Automatic 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.
F3These Restricted Stock Units vest one-third annually beginning on the first anniversary of the award date.
F4Each Restricted Stock Unit represents the contingent right to receive one share of common stock upon vesting of the unit.
F5Reporting 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.
F6This 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.
F7Converts into Common Stock on a one-for-one basis.