Clearwire Corp /DE 4
4 · Clearwire Corp /DE · Filed Jun 7, 2013
Insider Transaction Report
Form 4
GORTON SLADE
Director
Transactions
- Award
Class A Common Stock
2013-06-01+47,059→ 177,599 total
Footnotes (1)
- [F1]These restricted stock units (RSUs) were granted on June 1, 2013 and will vest in one installment on June 1, 2014. In the event that the Company's pending merger with Sprint closes, at the effective time of the merger, these RSUs will be cancelled in exchange for the right to receive a lump sum cash payment equal to a pro-rated portion of the product of the merger consideration, without interest, and the number of shares of Class A Common Stock subject to such RSU grant, the pro-rated portion equal to the percentage of the vesting of period of such award that is served by the director prior to the effective time of the Merger.