Philip G. Brace - 28 Jun 2024 Form 4 Insider Report for INSEEGO CORP. (INSG)

Reporting relationship: Executive Chairman, Director
Issuer ticker: INSG
Reported as of: 28 Jun 2024
Net transaction value: $0
SEC form: 4
Accepted by SEC: 02 Jul 2024, 19:18:06 UTC
Prior SEC filing: 04 Jun 2024
Next SEC filing: 03 Sep 2024
Source filing: View source filing
Reporting owner signature: /s/ Kurt E. Scheuerman, Attorney-in-Fact

Key filing fact

Philip G. Brace filed Form 4 for INSEEGO CORP. (INSG) on 02 Jul 2024.

Key facts

This page summarizes Philip G. Brace's Form 4 filing for INSEEGO CORP. (INSG).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 02 Jul 2024, 19:18.

Change

Previous filing in this sequence was filed on 04 Jun 2024.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

INSG transaction Derivative

Warrant (right to buy)

Award

Transaction value
Shares: +28,205
Change %
Price
Shares after: 28,205
Date: 28 Jun 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 28,205
Exercise price: $12.12
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

In connection with a Loan and Security Agreement, dated as of June 28, 2024 (the "Loan Agreement"), by and among Inseego Corp. (the "Issuer"), South Ocean Funding LLC, and the other parties thereto, the Issuer issued to the reporting person, as a participating lender under the Loan Agreement, warrants to purchase 28,205 shares of Common Stock at an exercise price of $12.12 per share. The issuance of the warrants was approved by the Issuer's board of directors pursuant to Rule 16b-3 under the Securities Exchange Act of 1934, as amended.