4//SEC Filing
Clearwire Corp /DE 4
Accession 0001209191-13-036297
CIK 0001442505operating
Filed
Jul 10, 8:00 PM ET
Accepted
Jul 11, 5:31 PM ET
Size
11.1 KB
Accession
0001209191-13-036297
Insider Transaction Report
Form 4
Draper Dow
SVP and GM of Retail
Transactions
- Award
Class A Common Stock
2013-07-09+36,369→ 945,275 total - Disposition to Issuer
Class A Common Stock
2013-07-09$5.00/sh−286,196$1,430,980→ 0 total - Disposition to Issuer
Class A Common Stock
2013-07-09$5.00/sh−659,079$3,295,395→ 286,196 total - Disposition to Issuer
Stock Option (Right To Buy)
2013-07-09$5.00/sh−56,250$281,250→ 0 totalExercise: $3.03Exp: 2019-03-10→ Class A Common Stock (56,250 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to the agreement and plan of merger agreement ("Merger Agreement") by and among the Issuer, Sprint Nextel Corporation ("Sprint") and Collie Acquisition Corp., a wholly owned subsidiary of Sprint, in exchange for $5.00 per share in cash.
- [F2]These Restricted Stock Units were granted in 2013 ("2013 RSU"), are unvested and represent a contingent right to receive one share of common stock per each RSU. Each 2013 RSU that is unvested at the effective time of the merger, as contemplated by the Merger Agreement, shall be converted automatically into a right to receive a payment equal to $5.00 for each RSU, payable in accordance with the applicable vesting schedule set forth in the award for such RSU.
- [F3]The option became exercisable in two equal annual installments on March 5, 2012 and 2013. At the effective time of the merger, as contemplated by the Merger Agreement, each option shall be converted automatically into a right to receive a payment representing the difference between the exercise price of the option and the merger price of the Issuer's common stock ($5.00 per share).
Documents
Issuer
Clearwire Corp /DE
CIK 0001442505
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001442505
Filing Metadata
- Form type
- 4
- Filed
- Jul 10, 8:00 PM ET
- Accepted
- Jul 11, 5:31 PM ET
- Size
- 11.1 KB