Bentitou Laurent J. 4
4 · Clearwire Corp /DE · Filed Jun 11, 2010
Insider Transaction Report
Form 4
Bentitou Laurent J.
Chief People Officer
Transactions
- Sale
Subscription Rights
2010-06-09$0.17/sh−37,500$6,375→ 0 totalExercise: $7.33From: 2010-12-21Exp: 2010-06-21→ Class A Common Stock (16,260 underlying)
Footnotes (2)
- [F1]Mr. Bentitou owns common stock of the Issuer. As such, Mr. Bentitou received, at no cost from the Issuer, rights to purchase 0.4336 shares of Class A Common Stock for every share of common stock owned as of the record date. Such rights are exercisable and freely transferable by holders. This Form 4 reports the sale of subscription rights by Mr. Bentitou. Receipt of subscription rights was not reported because such receipt is exempt under Rule 16a-9(b).
- [F2]Represents the number of shares of Common Stock that the rights being disposed may be converted into if they had been exercised.