JOHNSON ROBERT H 4
4 · SPRINT NEXTEL CORP · Filed Mar 18, 2010
Insider Transaction Report
Form 4
JOHNSON ROBERT H
President-CDMA
Transactions
- Award
Common Stock
2010-03-16+95,568→ 95,568 total - Award
Non-Qualified Stock Option (right to buy)
2010-03-16+104,545→ 104,545 totalExercise: $3.45Exp: 2020-03-16→ Common Stock (104,545 underlying)
Footnotes (4)
- [F1]These restricted stock units are issued under Sprint Nextel's 2007 Omnibus Incentive Plan. Each unit represents the right to receive one share of the underlying security at a date in the future.
- [F2]These restricted stock units are subject to performance-based vesting conditions based on the company's actual results compared to financial objectives established under the long-term incentive compensation plan, and vest 100% on March 16, 2013, subject to achievement of the performance-based vesting conditions.
- [F3]Includes 95,568 restricted stock units, which are subject to forfeiture until they vest.
- [F4]These options become exercisable at the rate of 25% of the number of shares granted on each of the first four anniversaries of the grant date.