Form 4 for INSG INSEEGO CORP.
Accepted 2025-01-07 00:00:00 ET · period of report 2025-01-06 · accession 0001683168-25-000136 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-01-07 | 2025-01-06 | INSG | Sarvikas Juho | CEO, Dir | A - Grant | $0.00 | +124.3K | 123.3K | New | $0 |
| DM | 2025-01-07 | 2025-01-06 | INSG | Sarvikas Juho | CEO, Dir | A - Grant | $0.00 | +1.02M | 225.0K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-01-06 | A | A | 124,347 | $0.00 | 123,347 | D | — | — | (F1) Represents restricted stock units scheduled to vest over a four-year period, with one-fourth vesting on the first anniversary of the grant date and 1/48th vesting monthly thereafter through the fourth anniversary of the grant date. |
| 2 | Derivative | Stock Options (right to buy) | 2025-01-06 | A | A | 210,000 | $0.00 | 210,000 | D | $15.72 · — to 2035-01-06 | 210,000 Common Stock | (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 twenty (20) trading days within any 30-day period prior to the date of exercise. |
| 3 | Derivative | Stock Options (right to buy) | 2025-01-06 | A | A | 200,000 | $0.00 | 200,000 | D | $10.72 · — to 2035-01-06 | 200,000 Common Stock | (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 twenty (20) trading days within any 30-day period prior to the date of exercise. |
| 4 | Derivative | Performance Share Units | 2025-01-06 | A | A | 167,910 | $0.00 | 167,910 | D | $0.00 · — to — | 167,910 Common Stock | (F3) Represents target award of performance restricted stock units that will be earned and vest based upon on the performance of the Company's Common Stock relative to the total shareholder return of Russell Microcap Index ("rTSR") between January 6, 2025 and January 7, 2028 (the "Performance Period"). The number of shares that will be issued will be between zero and 200% of the target award, depending on the level of performance through the Performance Period. |
| 5 | Derivative | Stock Options (right to buy) | 2025-01-06 | A | A | 215,000 | $0.00 | 215,000 | D | $20.72 · — to 2035-01-06 | 215,000 Common Stock | (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 twenty (20) trading days within any 30-day period prior to the date of exercise. |
| 6 | Derivative | Stock Options (right to buy) | 2025-01-06 | A | A | 225,000 | $0.00 | 225,000 | D | $25.72 · — to 2035-01-06 | 225,000 Common Stock | (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 twenty (20) trading days within any 30-day period prior to the date of exercise. |