SPRINT Corp 4
4 · SPRINT Corp · Filed Jul 18, 2013
Insider Transaction Report
Form 4
Malloy William M
Chief Marketing Officer
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2013-07-17+233,270→ 233,270 totalExercise: $2.00Exp: 2022-02-22→ Common Stock (233,270 underlying) - Award
Common Stock
2013-07-17+252,291→ 252,291 total
Footnotes (4)
- [F1]These restricted stock units were acquired in connection with the merger (the "Merger") of Sprint Nextel Corporation ("Old Sprint") with and into a wholly owned subsidiary of Sprint Corporation (the "Issuer'). The Issuer restricted stock units were acquired in exchange for Old Sprint restricted stock units based on a conversion formula that was dependent on the trading prices of common stock of the Issuer for five days following the effective time of the Merger (the "Reference Period").
- [F2]Includes 252,291 restricted stock units which are subject to forfeiture until they vest.
- [F3]These stock options were acquired in connection with the Merger. The Issuer stock options were acquired in exchange for Old Sprint stock options based on a conversion formula that was dependent on the trading prices of common stock of the Issuer for the Reference Period.
- [F4]Stock options vest/vested 33 1/3% on February 22, 2013, February 22, 2014 and February 22, 2015.