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

Role: Executive Chairman, Director
Signature: /s/ Kurt E. Scheuerman, Attorney-in-Fact
Stock symbol: INSG
Transactions as of: Mar 9, 2022
Transactions value $: -$611,928
Form type: 4
Date filed: 3/11/2022, 07:20 PM
Previous filing: Mar 3, 2022
Next filing: Mar 16, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	INSG	Common Stock	Options Exercise	$47K	+50K	+25.79%	$0.94	244K	Mar 9, 2022	Direct
transaction	INSG	Common Stock	Sale	-$231K	-50K	-20.5%	$4.61^*	194K	Mar 9, 2022	Direct	F1, F2
transaction	INSG	Common Stock	Award	$0	+203K	+104.7%	$0.00	397K	Mar 9, 2022	Direct
transaction	INSG	Common Stock	Disposed to Issuer	-$428K	-92.5K	-23.32%	$4.63^*	304K	Mar 9, 2022	Direct	F3

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

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	INSG	Stock Options	Options Exercise	$0	-50K	-8.99%	$0.00	506K	Mar 9, 2022	Common Stock	50K	$0.94	Direct

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

Explanation of Responses:

Id	Content
F1	Stock option exercise and same-day-sale.
F2	Reflects the weighted average sale price. The reporting person effected multiple open market sale transactions on the same day at different prices through a trade order executed by a broker dealer. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a shareholder of the issuer, full information regarding the number of shares sold at each separate price. The range of prices for such transactions is $4.51 to $4.86.
F3	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.