SEC Form 4 · accession 0001379828-15-000030
INSEEGO CORP. · INSG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lance Bridges
Officer — Senior Vice President
Period of report
May 7, 2015
Accepted (ET)
May 7, 2015 · 7:19 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 | May 7, 2015 | A | 50,000 | $0.00 | A | 50,000 | D |
Table II — derivative securities
| 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)F3 | $5.08 | May 7, 2015 | A | 100,000 | A | — | May 7, 2025 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1These Restricted Stock Units vest one-third annually beginning on the first anniversary of the award date.
- F2Each Restricted Stock Unit represents the contingent right to receive one share of common stock upon vesting of the unit.
- F3This 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.