This is the latest in a series (of indefinite length and regularity) of blog posts memorializing cancelled toys. Our figure today is Hasbro's Fugitive Waspinator.
Fugitive Waspinator would have been part of the Transformers Animated line, a straight repaint of the existing Bumblebee mold done in shades of green, with translucent purple plastic.
The figure was seen in the cross-sell art on a few packages, but the line ended before he went into production. There wasn't any room in the budget to design him a new head (that cash went to Ironhide, instead), so there was no reason for Hasbro to push to get him released, the way there was with some other unreleased figures.