X0303 4 2009-09-13 0 0001022652 NOVATEL WIRELESS INC NVTL 0001201621 LEPARULO PETER V 9645 SCRANTON ROAD SUITE 205 SAN DIEGO CA 92121 1 1 0 0 Chairman and CEO Common Stock 2009-09-13 4 M 0 24679 0 A 168981 D Common Stock 2009-09-13 4 F 0 8822 0 D 160159 D Restricted Stock Units 2009-09-13 4 M 0 24679 0 D Common Stock 24679 124039 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. Converts into Common Stock on a one-for-one basis. Restricted Stock Units vest over two years, 25% of which shall vest on the six month anniversary of the grant date, 25% of which shall vest on the first annual anniversary of the grant date and the balance shall vest on the second anniversary of the grant date. By: Patrick T. Waters For: Peter V. Leparulo 2009-09-15