4//SEC Filing
SYMINGTON ROBERT T 4
Accession 0001127602-09-014039
CIK 0001374993other
Filed
Jun 15, 8:00 PM ET
Accepted
Jun 16, 3:08 PM ET
Size
14.3 KB
Accession
0001127602-09-014039
Insider Transaction Report
Form 4
SYMINGTON ROBERT T
Director
Transactions
- Award
Common Stock Options (Right to Buy)
2009-06-11$0.38/sh+166,999$63,460→ 166,999 totalExercise: $0.38From: 2009-06-11Exp: 2019-06-10→ Common Stock (166,999 underlying)
Holdings
- 375,500
Common Stock Options (Right to Buy)
Exercise: $0.31From: 2009-01-12Exp: 2019-01-11→ Common Stock (375,500 underlying) - 16,666
Stock Options (Right to Buy)
Exercise: $6.00From: 2006-04-26Exp: 2016-04-26→ Common Stock (16,666 underlying) - 52,000
Stock Options (Right to Buy)
Exercise: $11.80From: 2009-02-26Exp: 2017-02-25→ Common Stock (52,000 underlying) - 33,333
Stock Options (Right to Buy)
Exercise: $6.00From: 2005-04-12Exp: 2015-04-12→ Common Stock (33,333 underlying) - 65,000
Stock Options (Right to Buy)
Exercise: $4.79From: 2010-03-27Exp: 2018-03-27→ Common Stock (65,000 underlying)
Footnotes (8)
- [F1]On November 13, 2006, NextWave Wireless Inc. became the successor to NextWave Wireless LLC pursuant to a merger. The merger resulted in NextWave Wireless Inc. becoming the parent holding company of NextWave Wireless LLC, but did not alter the proportionate interests of security holders.
- [F2]The securities are owned directly by Robert T. Symington. Mr. Symington is a director of the Issuer and an employee of Avenue Capital Management II, L.P. (the "Adviser"). The Adviser is the investment adviser to Avenue Special Situations IV, L.P. and Avenue Investments, L.P. (collectively, the "Funds"). On July 17, 2006, the Funds made an investment in the Issuer. Pursuant to the Funds' limited partnership agreements, any director compensation received by an employee of the Adviser related to an entity in which the Funds have invested shall be payable to the Adviser. Such amounts shall reduce certain fees and expenses of the Funds. Therefore, Mr. Symington disclaims beneficial ownership of the options (and the common stock or other equity issued upon exercise of the options) that vest on or after July 17, 2006, except for that portion of the sale proceeds necessary for Mr. Symington to satisfy any tax liabilities related thereto.
- [F3]85% Of these options will be vested on the date of the grant. The balance will vest in monthly installments over the next 10 monts.
- [F4]200,000 of the options vest on date of grant and the balance in twelve monthly installments begining 1/12/2009
- [F5]The option vests in twenty-four equal monthly installments beginning May 13, 2005 but was fully exercisable on the date of grant as to all 33,333 shares. Any unvested portion of the option will be exercisable for restricted units subject to the same vesting schedule.
- [F6]The option vests in twenty-four equal monthly installments beginning May 27, 2006 but was fully exercisable on the date of grant as to all 16,666 shares. Any unvested portion of the option will be exercisable for restricted units subject to the same vesting schedule.
- [F7]The option vests in twenty-four equal monthly installments begining 2/26/07.
- [F8]The option vests in twenty-four equal monthly installments begining 3/28/08.
Documents
Issuer
NextWave Wireless Inc.
CIK 0001374993
Entity typeother
Related Parties
1- filerCIK 0001210015
Filing Metadata
- Form type
- 4
- Filed
- Jun 15, 8:00 PM ET
- Accepted
- Jun 16, 3:08 PM ET
- Size
- 14.3 KB