Filing Details

Accession Number:
0001277423-12-000014
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-06-15 17:50:16
Reporting Period:
2012-06-14
Filing Date:
2012-06-15
Accepted Time:
2012-06-15 17:50:16
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1410240 Hughes Telematics Inc. HUTC Communications Equipment, Nec (3669) 260443717
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1423511 V Marc Byron 2200 Fletcher Avenue
4Th Floor
Fort Lee NJ 07024
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2012-06-14 621,293 $11.85 0 No 4 S Indirect Held by Byron Business Ventures XX, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect Held by Byron Business Ventures XX, LLC
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 36,000 Direct
Common Stock 105,050 Indirect Held by Trivergance, LLC
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Common Stock $0.00 2014-03-31 333,026 333,026 Indirect
Common Stock Common Stock $0.00 2014-03-31 241,893 241,893 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
2014-03-31 333,026 333,026 Indirect
2014-03-31 241,893 241,893 Indirect
Footnotes
  1. Mr. Byron controls Byron Business Ventures XX, LLC.
  2. Mr. Byron has a pecuniary interest in the shares of common stock held by Trivergance, LLC.
  3. Shares of common stock held in escrow to be released to the Reporting Person if the trading price of the Company's common stock equals or exceeds $20.00 per share for any 20 trading days within a 30 trading-day period prior to March 31, 2014.
  4. Shares of common stock held in escrow to be released to the Reporting Person in three tranches as follows: (i) the first tranche of 40% of such shares will be released if the trading price of the Company's common stock equals or exceeds $20.00 per share for any 20 trading days within a 30 trading-day period prior to March 31, 2014; (ii) the second tranche of 30% of such shares will be released if the trading price of the Company's common stock equals or exceeds $24.50 per share for any 20 trading days within a 30 trading-day period prior to March 31, 2014; and the third tranche of 30% of such shares will be released if the trading price of the Company's common stock equals or exceeds $30.50 per share for any 20 trading days within a 30 trading-day period prior to March 31, 2014.