Ashish Sharma - Mar 1, 2022 Form 4 Insider Report for INSEEGO CORP. (INSG)

Role: CEO & President
Signature: /s/ Kurt Scheuerman, Attorney-in-Fact
Stock symbol: INSG
Transactions as of: Mar 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/3/2022, 07:51 PM
Previous filing: Nov 24, 2021
Next filing: Mar 11, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	INSG	Common Stock	Award	$0	+200K	+444.26%	$0.00	245K	Mar 1, 2022	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	INSG	Stock Options (right to buy)	Award	$0	+250K	$0.00	250K	Mar 1, 2022	Common Stock	250K	$4.78	Direct	F2
transaction	INSG	Stock Options (right to buy)	Award	$0	+250K	$0.00	250K	Mar 1, 2022	Common Stock	250K	$7.50	Direct	F2
transaction	INSG	Stock Options (right to buy)	Award	$0	+250K	$0.00	250K	Mar 1, 2022	Common Stock	250K	$10.00	Direct	F2
transaction	INSG	Stock Options (right to buy)	Award	$0	+250K	$0.00	250K	Mar 1, 2022	Common Stock	250K	$15.00	Direct	F2
transaction	INSG	Stock Options (right to buy)	Award	$0	+250K	$0.00	250K	Mar 1, 2022	Common Stock	250K	$20.00	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Represents restricted stock units scheduled to vest over a four-year period, with one-fourth vesting on each anniversary of the grant date through the fourth anniversary of the grant date.
F2	Twenty-five percent (25%) of the shares subject to the Options shall be first eligible to vest and become exercisable on the first anniversary of the grant date and (b) 1/48 of the shares vest on each monthly anniversary thereafter (such Options which have become so eligible, "Eligible Options"), such that one hundred percent (100%) of the Options shall become Eligible Options on the four-year anniversary of the Grant Date. The Options shall vest and become only if (a) they have become Eligible Options; and (b) the average of the per-share closing price of the Company's common stock as reported on the principal exchange on which the shares are listed has equaled or exceeded the exercise price for ten (10) trading days within any 30 day period prior to the date of exercise.

Content

Represents restricted stock units scheduled to vest over a four-year period, with one-fourth vesting on each anniversary of the grant date through the fourth anniversary of the grant date.

Twenty-five percent (25%) of the shares subject to the Options shall be first eligible to vest and become exercisable on the first anniversary of the grant date and (b) 1/48 of the shares vest on each monthly anniversary thereafter (such Options which have become so eligible, "Eligible Options"), such that one hundred percent (100%) of the Options shall become Eligible Options on the four-year anniversary of the Grant Date. The Options shall vest and become only if (a) they have become Eligible Options; and (b) the average of the per-share closing price of the Company's common stock as reported on the principal exchange on which the shares are listed has equaled or exceeded the exercise price for ten (10) trading days within any 30 day period prior to the date of exercise.