X0303 4 2010-01-05 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 2010-01-05 4 M 0 50000 0 A 210159 D Common Stock 2010-01-05 4 F 0 19270 8.22 D 190889 D Restricted Stock Units 2010-01-05 4 M 0 50000 0 D Common Stock 50000 74039 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 a three (3) year period in equal installments, subject to achieving certain performance criteria in the first year. By: Patrick T. Waters For: Peter V. Leparulo 2010-01-06