SEC Form 4 · accession 0001379900-16-000006
INSEEGO CORP. · INSG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen Sek
Officer — Chief Technology Officer
Period of report
Oct 1, 2016
Accepted (ET)
Oct 4, 2016 · 5:50 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 Stock | Oct 1, 2016 | M | 7,500 | $0.00 | A | 250,181 | D | |
| Common StockF3 | Oct 1, 2016 | F | 2,818 | $3.14 | D | 251,771 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects vesting of Restricted Stock Units previously awarded to the Reporting Person.
- F2Automatic disposition of shares back to Issuer (and subsequent cancellation therof) soley to satisfy immediate payroll tax withholding obligation triggered by the vesting of restricted stock. The Reporting Person received no proceeds from this transaction.
- F3Of the 251,771 shares reported, 4,408 shares were purchased through the Employee Stock Plan on 5/13/16.