Tavistock Financial, LLC - 03 Aug 2022 Form 4 Insider Report for INSEEGO CORP. (INSG)

Role
10%+ Owner
Signature
Tavistock Financial, LLC, **By: /s/ Thomas Youth, Thomas Youth, Manager
Issuer symbol
INSG
Transactions as of
03 Aug 2022
Net transactions value
$0
Form type
4
Filing time
05 Aug 2022, 17:00:47 UTC
Previous filing
30 Jul 2021
Next filing
03 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INSG Common Stock Award $0 +49,801 +54% $0.000000 141,386 03 Aug 2022 Direct F1, F2, F3
* 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, or the economic benefits thereof, to Tavistock Financial, LLC ("Tavistock Financial"). Tavistock Financial may be deemed the direct beneficial owner of the RSUs.
F2 Represents restricted stock units scheduled to vest on the one-year anniversary of the grant date. The restricted stock units convert into common stock on a one-for-one basis.
F3 These securities are beneficially owned directly by Tavistock Financial 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 Ltd. and Joseph C. Lewis. Mr. Lewis is the sole indirect beneficial owner of and controls Tavistock Financial.