X0202 4 2004-10-22 0 0001022652 NOVATEL WIRELESS INC NVTL 0001201621 LEPARULO PETER V 9255 TOWNE CENTRE DRIVE SUITE 225 SAN DIEGO CA 92121 1 1 0 0 Chief Executive Officer Common Stock 2004-10-22 4 M 0 6500 1.01 A 45346 D Common Stock 2004-10-22 4 X 0 3571 0.7 A 48917 D Common Stock 2004-10-22 4 X 0 16533 0.7 A 65450 D Common Stock 2004-10-22 4 S 0 6500 25.07 D 58950 D Common Stock 2004-10-22 4 S 0 20104 25.07 D 38846 D Common Stock Purchase Warrant 0.7 2004-10-22 4 X 0 3571 D 2003-09-12 2008-03-12 Common Stock 3571 0 D Common Stock Purchase Warrant 0.7 2004-10-22 4 X 0 16533 D 2003-11-14 2008-11-14 Common Stock 16533 0 D Non-Qualified Stock Option (right to buy) 1.01 2004-10-22 4 M 0 6500 D 2003-07-13 2013-05-07 Common Stock 6500 468224 D These options were exercised and the underlying shares were sold pursuant to a 10b5-1 Sales Plan. These warrants were exercised and the underlying shares were sold pursuant to a 10b5-1 Sales Plan. On March 12, 2003 and May 14, 2003, Mr. Leparulo participated in a private placement transaction with a group of investors pursuant to which Mr. Leparulo received warrants to purchase an aggregate of 20,104 shares of common stock at an exercise price of $0.70 per share. Option granted pursuant to the Novatel Wireless, Inc. Amended and Restated 2000 Stock Incentive Plan. By: Patrick T. Waters For: Peter V. Leparulo 2004-10-26