Novatel Wireless, Inc.
|
(Name of Issuer)
|
Common Stock, $0.001 Par Value
|
(Title of Class of Securities)
|
66987M604
|
(CUSIP Number)
|
Edward E. Murphy
c/o North Sound Management, Inc.
115 East Putnam Avenue
Greenwich, CT 06830
(203) 340-8306
|
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications) |
September 15, 2016
|
(Date of Event which Requires Filing of this Statement)
|
CUSIP No. 66987M604
|
SCHEDULE 13D |
Page 2 of 7
|
1
|
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
North Sound Management, Inc.
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
(b) ☐
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS
OO
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
|
☐ |
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
|
7
|
SOLE VOTING POWER
3,808,296
|
8
|
SHARED VOTING POWER
-0-
|
|
9
|
SOLE DISPOSITIVE POWER
3,808,296
|
|
10
|
SHARED DISPOSITIVE POWER
-0-
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,808,296
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
o |
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.1%
|
|
14
|
TYPE OF REPORTING PERSON
IA, CO
|
CUSIP No. 66987M604
|
SCHEDULE 13D |
Page 3 of 7
|
1
|
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Brian Miller
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
(b) ☐
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS
OO
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
|
☐ |
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
|
7
|
SOLE VOTING POWER
3,808,296
|
8
|
SHARED VOTING POWER
-0-
|
|
9
|
SOLE DISPOSITIVE POWER
3,808,296
|
|
10
|
SHARED DISPOSITIVE POWER
-0-
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,808,296
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
o |
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.1%
|
|
14
|
TYPE OF REPORTING PERSON
IN
|
CUSIP No. 66987M604
|
SCHEDULE 13D |
Page 4 of 7
|
1
|
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
North Sound Trading, LP
|
|
2
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) o
(b) ☐
|
3
|
SEC USE ONLY
|
|
4
|
SOURCE OF FUNDS
OO
|
|
5
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
|
☐ |
6
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY EACH
REPORTING PERSON
WITH
|
7
|
SOLE VOTING POWER
3,808,296
|
8
|
SHARED VOTING POWER
-0-
|
|
9
|
SOLE DISPOSITIVE POWER
3,808,296
|
|
10
|
SHARED DISPOSITIVE POWER
-0-
|
11
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,808,296
|
|
12
|
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
|
o |
13
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.1%
|
|
14
|
TYPE OF REPORTING PERSON
PN
|
CUSIP No. 66987M604
|
SCHEDULE 13D |
Page 5 of 7
|
CUSIP No. 66987M604
|
SCHEDULE 13D |
Page 6 of 7
|
Date
|
|
Shares Purchased
|
|
Price Per Share
|
|
8/16/2016
|
|
84,800
|
|
$2.569
|
|
8/17/2016
|
|
107,300
|
|
$2.741
|
|
8/18/2016
|
|
16,000
|
|
$2.935
|
|
8/19/2016
|
|
37,000
|
|
$3.321
|
|
8/22/2016
|
|
30,396
|
|
$3.450
|
|
8/23/2016
|
122,896
|
$3.201
|
|||
8/24/2016
|
30,000
|
$3.191
|
|||
8/25/2016
|
26,500
|
$3.109
|
|||
8/26/2016
|
25,004
|
$3.143
|
|||
8/29/2016
|
15,000
|
$3.170
|
|||
8/30/2016
|
50,510
|
$3.414
|
|||
8/31/2016
|
4,490
|
$3.215
|
|||
9/6/2016
|
9,000
|
$3.321
|
|||
9/7/2016
|
2,000
|
$3.486
|
|||
9/15/2016
|
82,673
|
$2.894
|
|||
9/15/2016
|
14,623
|
$2.872
|
|
Exhibit 1:
|
Joint Filing Agreement (previously filed).
|
CUSIP No. 66987M604
|
SCHEDULE 13D |
Page 7 of 7
|
North Sound Management, Inc.
|
|||
|
By:
|
/s/ Brian Miller | |
Brian Miller | |||
Authorized Person |
|
/s/ Brian Miller
|
||
Brian Miller | |||
North Sound Trading, LP
|
|||
By:
|
North Sound Management, Inc., its
General Partner
|
||
|
By:
|
/s/ Brian Miller | |
Brian Miller | |||
Authorized Person |