MORROW WILLIAM T 4
4 · Clearwire Corp /DE · Filed Jun 11, 2010
Insider Transaction Report
Form 4
MORROW WILLIAM T
Chief Executive Officer
Transactions
- Sale
Subscription Rights
2010-06-09$0.14/sh−93,000$13,020→ 407,000 totalExercise: $7.33From: 2009-12-21Exp: 2010-06-21→ Class A Common Stock (40,325 underlying) - Sale
Subscription Rights
2010-06-10$0.10/sh−407,000$40,700→ 0 totalExercise: $7.33From: 2009-12-21Exp: 2010-06-21→ Class A Common Stock (176,475 underlying)
Footnotes (3)
- [F1]Mr. Morrow owns common stock of the Issuer. As such, Mr. Morrow 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. Morrow. 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.
- [F3]Price shown is the weighted average sale price. The sale transactions reported on this line ranged in price from $0.08 to $0.12. The reporting person hereby undertakes to provide upon request by the Securities and Exchance Commission Staff, the issuer or its shareholders, full information regarding the number of shares sold at each separate price.