SPRINT Corp 4
4 · SPRINT Corp · Filed May 22, 2015
Insider Transaction Report
Form 4
BYE STEPHEN J
Chief Technology Officer
Transactions
- Award
Common Stock
2015-05-20+63,366→ 233,453 total - Award
Common Stock
2015-05-20+31,683→ 265,136 total - Award
Non-Qualified Stock Option (right to buy)
2015-05-20+149,533→ 149,533 totalExercise: $4.70Exp: 2025-05-20→ Common Stock (149,533 underlying)
Footnotes (5)
- [F1]These restricted stock units are subject to performance-based vesting conditions based on the company's actual results compared to financial objectives established under the long-term incentive compensation plan, and vest 100% on May 20, 2018, subject to achievement of the performance-based vesting conditions.
- [F2]These restricted stock units are issued under Sprint Corporation's 2007 Omnibus Incentive Plan. Each unit represents the right to receive one share of the underlying security at a date in the future.
- [F3]These restricted stock units vest 100% on May 20, 2018.
- [F4]Includes 265,136 restricted stock units which are subject to forfeiture until they vest.
- [F5]Stock options vest 33 1/3% on each of May 20, 2016, May 20, 2017 and May 20, 2018.