Ashish Sharma - Mar 9, 2022 Form 4 Insider Report for INSEEGO CORP. (INSG)

Signature
/s/ Kurt Scheuerman, Attorney-in-Fact
Stock symbol
INSG
Transactions as of
Mar 9, 2022
Transactions value $
-$93,156
Form type
4
Date filed
3/11/2022, 07:21 PM
Previous filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INSG Common Stock Award $0 +57.7K +23.55% $0.00 303K Mar 9, 2022 Direct
transaction INSG Common Stock Disposed to Issuer -$93.2K -20.1K -6.64% $4.63 283K Mar 9, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of the Restricted Stock Units ("RSUs"). This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell-to-cover" transaction and does not represent a discretionary sale by the Reporting Person.