Golden Harbor Ltd. - Sep 22, 2021 Form 4 Insider Report for INSEEGO CORP. (INSG)

Role: Director, 10%+ Owner
Signature: Golden Harbor Ltd., /s/ Jason C. Callender, Jason C. Callender, Director & Vice President
Stock symbol: INSG
Transactions as of: Sep 22, 2021
Transactions value $: $0
Form type: 4
Date filed: 9/24/2021, 05:00 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	INSG	Common Stock	Award	$0	+1.07M	+7.71%	$0.00	14.9M	Sep 22, 2021	Direct	F1, F2
transaction	INSG	Series E Cumulative Perpetual Preferred Stock	Disposed to Issuer	$0	-7K	-100%	$0.00^*	0	Sep 22, 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Pursuant to an Exchange Agreement (the "Exchange Agreement") dated September 3, 2021 between the Issuer and Golden Harbor Ltd. ("Golden Harbor"), on September 22, 2021, Golden Harbor exchanged its 7,000 shares of Issuer's Fixed-Rate Cumulative Perpetual Preferred Stock, Series E, par value $0.001 per share, for 1,067,645 shares of the Issuer's common stock (the "Exchange").
F2	These securities are owned directly by Golden Harbor, which may be deemed to be a member of a "group" for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, consisting of Braslyn Ltd., Golden Harbor, Tavistock Financial, LLC and Joseph C. Lewis. Mr. Lewis is the sole indirect beneficial owner of and controls Golden Harbor. Each of Golden Harbor and Mr. Lewis is deemed a director by deputization by virtue of their relationship with James B. Avery, a director of the issuer. The Exchange is exempt from Section 16(b) of the Securities Exchange Act by virtue of the exemptions provided in Rule 16b-3.

Content

Pursuant to an Exchange Agreement (the "Exchange Agreement") dated September 3, 2021 between the Issuer and Golden Harbor Ltd. ("Golden Harbor"), on September 22, 2021, Golden Harbor exchanged its 7,000 shares of Issuer's Fixed-Rate Cumulative Perpetual Preferred Stock, Series E, par value $0.001 per share, for 1,067,645 shares of the Issuer's common stock (the "Exchange").

These securities are owned directly by Golden Harbor, which may be deemed to be a member of a "group" for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, consisting of Braslyn Ltd., Golden Harbor, Tavistock Financial, LLC and Joseph C. Lewis. Mr. Lewis is the sole indirect beneficial owner of and controls Golden Harbor. Each of Golden Harbor and Mr. Lewis is deemed a director by deputization by virtue of their relationship with James B. Avery, a director of the issuer. The Exchange is exempt from Section 16(b) of the Securities Exchange Act by virtue of the exemptions provided in Rule 16b-3.