4//SEC Filing
Draper Dow 4
Accession 0000925421-20-000174
CIK 0000101830other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 7:28 PM ET
Size
21.8 KB
Accession
0000925421-20-000174
Insider Transaction Report
Form 4
Draper Dow
President - Prepaid
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2020-04-01−83,644→ 0 totalExercise: $8.99Exp: 2024-05-20→ Common Stock (83,644 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2020-04-01−3,013→ 0 totalExercise: $5.29Exp: 2028-01-30→ Common Stock (3,013 underlying) - Award
Common Stock
2020-03-31+6,403→ 1,285,279 total - Disposition to Issuer
Common Stock
2020-04-01−1,285,279→ 0 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2020-04-01−79,121→ 0 totalExercise: $8.53Exp: 2027-02-02→ Common Stock (79,121 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2020-04-01−65,279→ 0 totalExercise: $4.75Exp: 2024-12-08→ Common Stock (65,279 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2020-04-01−40,089→ 0 totalExercise: $8.17Exp: 2027-05-24→ Common Stock (40,089 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2020-04-01−56,075→ 0 totalExercise: $4.70Exp: 2025-05-20→ Common Stock (56,075 underlying)
Footnotes (8)
- [F1]Pursuant to the terms and conditions of the Issuer's 2017 long-term incentive compensation plan, the Issuer's actual results exceeded the established financial objectives resulting in an earn-out of 111.33% allocated to the three-year performance period. These restricted stock units vest 100% on May 24, 2020.
- [F2]Disposed of pursuant to merger agreement under which a wholly owned subsidiary of T-Mobile US, Inc. ("T-Mobile") merged with and into Issuer, with Issuer continuing as the surviving corporation and a wholly owned subsidiary of T-Mobile (the "Merger"). Includes (i) 261,676 shares of Issuer common stock exchanged for 26,837 shares of T-Mobile common stock; (ii) 246,280 time-based restricted stock units ("RSUs") that were automatically converted into 25,259 RSUs of T-Mobile, on the same terms and conditions as the existing awards; and (iii) 777,323 performance-based RSUS that were automatically converted into 79,723 RSUs of T-Mobile, on the same terms and conditions as the existing awards (other than performance-based vesting conditions). Shares of T-Mobile common stock had a market value of $85.13 per share on the effective date of the Merger.
- [F3]This option was assumed by T-Mobile in the Merger and replaced with an option to purchase 8,578 shares of T-Mobile common stock for $87.66 per share. The option was fully vested at the time of the Merger.
- [F4]This option was assumed by T-Mobile in the Merger and replaced with an option to purchase 8,114 shares of T-Mobile common stock for $83.18 per share. The option was fully vested at the time of the Merger.
- [F5]This option, which provided for vesting in three equal annual installments beginning May 24, 2018, was assumed by T-Mobile in the Merger and replaced with an option to purchase 4,111 shares of T-Mobile common stock for $79.67 per share.
- [F6]This option, which provided for vesting in three equal annual installments beginning January 30, 2018, was assumed by T-Mobile in the Merger and replaced with an option to purchase 309 shares of T-Mobile common stock for $51.58 per share.
- [F7]This option was assumed by T-Mobile in the Merger and replaced with an option to purchase 6,695 shares of T-Mobile common stock for $46.32 per share. The option was fully vested at the time of the Merger.
- [F8]This option was assumed by T-Mobile in the Merger and replaced with an option to purchase 5,751 shares of T-Mobile common stock for $45.83 per share. The option was fully vested at the time of the Merger.
Documents
Issuer
SPRINT Corp
CIK 0000101830
Entity typeother
Related Parties
1- filerCIK 0001534171
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 7:28 PM ET
- Size
- 21.8 KB