<SEC-DOCUMENT>0001567619-15-000363.txt : 20150330
<SEC-HEADER>0001567619-15-000363.hdr.sgml : 20150330
<ACCEPTANCE-DATETIME>20150330165718
ACCESSION NUMBER:		0001567619-15-000363
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20150326
FILED AS OF DATE:		20150330
DATE AS OF CHANGE:		20150330

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NOVATEL WIRELESS INC
		CENTRAL INDEX KEY:			0001022652
		STANDARD INDUSTRIAL CLASSIFICATION:	COMMUNICATIONS EQUIPMENT, NEC [3669]
		IRS NUMBER:				860824673
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		9645 SCRANTON ROAD
		STREET 2:		SUITE 205
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92121
		BUSINESS PHONE:		8583208800

	MAIL ADDRESS:	
		STREET 1:		9645 SCRANTON ROAD
		STREET 2:		SUITE 205
		CITY:			SAN DIEGO
		STATE:			CA
		ZIP:			92121

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HC2 Holdings 2, Inc.
		CENTRAL INDEX KEY:			0001619368
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-31659
		FILM NUMBER:		15735179

	BUSINESS ADDRESS:	
		STREET 1:		460 HERNDON PARKWAY
		STREET 2:		SUITE 150
		CITY:			HERNDON
		STATE:			VA
		ZIP:			20170
		BUSINESS PHONE:		703-456-4110

	MAIL ADDRESS:	
		STREET 1:		460 HERNDON PARKWAY
		STREET 2:		SUITE 150
		CITY:			HERNDON
		STATE:			VA
		ZIP:			20170

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HC2 Holdings, Inc.
		CENTRAL INDEX KEY:			0001006837
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-31659
		FILM NUMBER:		15735180

	BUSINESS ADDRESS:	
		STREET 1:		460 HERNDON PARKWAY
		STREET 2:		SUITE 150
		CITY:			HERNDON
		STATE:			VA
		ZIP:			20170
		BUSINESS PHONE:		703-456-4100

	MAIL ADDRESS:	
		STREET 1:		460 HERNDON PARKWAY
		STREET 2:		SUITE 150
		CITY:			HERNDON
		STATE:			VA
		ZIP:			20170

	FORMER NAME:	
		FORMER CONFORMED NAME:	PTGi HOLDING, INC.
		DATE OF NAME CHANGE:	20131108

	FORMER NAME:	
		FORMER CONFORMED NAME:	PRIMUS TELECOMMUNICATIONS GROUP INC
		DATE OF NAME CHANGE:	19960814
</SEC-HEADER>
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<DESCRIPTION>OWNERSHIP DOCUMENT
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    <periodOfReport>2015-03-26</periodOfReport>

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    <issuer>
        <issuerCik>0001022652</issuerCik>
        <issuerName>NOVATEL WIRELESS INC</issuerName>
        <issuerTradingSymbol>MIFI</issuerTradingSymbol>
    </issuer>

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            <rptOwnerName>HC2 Holdings, Inc.</rptOwnerName>
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            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>HERNDON</rptOwnerCity>
            <rptOwnerState>VA</rptOwnerState>
            <rptOwnerZipCode>20170</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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    <reportingOwner>
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            <rptOwnerCik>0001619368</rptOwnerCik>
            <rptOwnerName>HC2 Holdings 2, Inc.</rptOwnerName>
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        <reportingOwnerAddress>
            <rptOwnerStreet1>460 HERNDON PARKWAY, SUITE 150</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>HERNDON</rptOwnerCity>
            <rptOwnerState>VA</rptOwnerState>
            <rptOwnerZipCode>20170</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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            <isOther>0</isOther>
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            <otherText></otherText>
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    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
                <footnoteId id="F1"/>
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            <transactionDate>
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                <transactionCode>X</transactionCode>
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            <transactionAmounts>
                <transactionShares>
                    <value>3824600</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>2.26</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>11437799</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F1"/>
                </directOrIndirectOwnership>
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        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Warrants to Purchase Common Stock (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>2.26</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2015-03-26</value>
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                <transactionPricePerShare>
                    <value>0</value>
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                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2015-03-08</value>
            </exerciseDate>
            <expirationDate>
                <value>2019-09-08</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>3824600</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
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                    <value>D</value>
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        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>Warrants to Purchase Common Stock (right to buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>5.50</value>
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            <transactionDate>
                <value>2015-03-26</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F2"/>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>1593583</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F2"/>
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                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2015-09-26</value>
            </exerciseDate>
            <expirationDate>
                <value>2020-03-26</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>1593583</value>
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            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1593583</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F1"/>
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            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The securities of Novatel Wireless Inc. (the &quot;Issuer&quot;) reported herein are held directly by HC2 Holdings 2, Inc. (&quot;HC2 Holdings&quot;). HC2 Holdings is a wholly owned subdiary of HC2 Holdings, Inc. (&quot;HC2&quot;). HC2 disclaims any beneficial ownership of the shares held directly by HC2 Holdings except to the extent it has actual voting or investment control of such shares.</footnote>
        <footnote id="F2">As an inducement for HC2 Holdings to exercise the warrants issued on September 8, 2014, the Issuer issued HC2 Holdings an additional warant to purchase 1,593,583 shares of the Issuer's common stock, at a strike price of $5.50 (the &quot;New Warrants&quot;). HC2 Holdings paid no seperate consideration to the Issuer for the New Warrants.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>HC2 Holdings, Inc. By /s/ Andrea L. Mancuso, General Counsel and Corporate Secretary</signatureName>
        <signatureDate>2015-03-30</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>HC2 Holdings 2, Inc. By /s/ Mesfin D. Demise, Chief Financial Officer</signatureName>
        <signatureDate>2015-03-30</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</SEC-DOCUMENT>
