Tavistock Holdings, Inc. - Jun 30, 2024 Form 3 Insider Report for INSEEGO CORP. (INSG)

Role
Other*
Signature
/s/ Tom B. Youth, By: Thomas B. Youth, Vice President, Tavistock Holdings, Inc.
Stock symbol
INSG
Transactions as of
Jun 30, 2024
Transactions value $
$0
Form type
3
Date filed
7/8/2024, 06:01 PM
Next filing
Oct 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding INSG Common Stock 35.7K Jun 30, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects restricted stock units ("RSUs") granted to James B. Avery, a member of the issuer's board of directors. Mr. Avery is obligated to transfer any shares issued pursuant to any equity awards made to him by the Issuer (as defined below), or the economic benefits thereof, to Tavistock Financial, LLC ("Tavistock Financial"). On June 30, 2024, Tavistock Financial merged with and into its indirect parent corporation, Tavistock Holdings, Inc. ("Tavistock Holdings").
F2 Represents RSUs that have already vested, as well as 21,551 RSUs scheduled to vest on September 5, 2024. The RSUs convert into common stock on a one-for-one basis.

Remarks:

The reporting person may be deemed a member of a group that beneficially owns more than 10% of the outstanding shares of the common stock, par value $0.001 (the "Common Stock") of Inseego Corp. (the "Issuer").