Wei Ding - 09 Mar 2022 Form 4 Insider Report for INSEEGO CORP. (INSG)

Role
Controller
Signature
/s/ Kurt E. Scheuerman, Attorney-in-Fact
Issuer symbol
INSG
Transactions as of
09 Mar 2022
Net transactions value
-$45,207
Form type
4
Filing time
11 Mar 2022, 19:22:34 UTC
Previous filing
17 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INSG Common Stock Award $0 +23,504 +73% $0.000000 55,703 09 Mar 2022 Direct
transaction INSG Common Stock Disposed to Issuer $45,207 -9,764 -18% $4.63 45,939 09 Mar 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.