X0202 4 2007-05-14 0 0001022652 NOVATEL WIRELESS INC NVTL 0001201621 LEPARULO PETER V 9645 SCRANTON ROAD SUITE 205 SAN DIEGO CA 92121 1 1 0 0 Executive Chairman Common Stock 2007-05-14 4 F 0 8997 19.54 D 47773 D Automatic disposition of shares back to Issuer (and subsequent cancellation thereof) solely to satisfy immediate payroll tax withholding obligation triggered by the vesting of restricted stock. The Reporting Person received no proceeds from this transaction. By: Patrick T. Waters For: Peter V. Leparulo 2007-05-16