SEC Form 4 · accession 0001417606-17-000001
INSEEGO CORP. · INSG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lance Bridges
Officer — SVP, General Counsel
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 4:08 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 StockF2 | Mar 1, 2017 | F | 26,027 | $2.93 | D | 278,973 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Automatic 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.
- F2Of the 278,973 shares reported, 5,000 shares were purchased through the Employee Stock Plan on 11/15/2016.
Remarks
Remarks: As a result of an internal reorganization completed on November 8, 2016, Inseego Corp. is a successor issuer to Novatel Wireless, Inc. for purposes of Section 16 of the Securities Exchange Act of 1934.