SPRINT Corp 4
4 · SPRINT Corp · Filed May 17, 2016
Insider Transaction Report
Form 4
SOLE-RAFOLS ROGER
Chief Marketing Officer
Transactions
- Award
Common Stock
2016-05-13+40,449→ 1,385,498 total - Award
Common Stock
2016-05-13+80,899→ 1,466,397 total - Award
Non-Qualified Stock Option (right to buy)
2016-05-13+130,317→ 130,317 totalExercise: $3.44Exp: 2026-05-13→ Common Stock (130,317 underlying)
Footnotes (5)
- [F1]These restricted stock units vest 100% on May 13, 2019.
- [F2]These restricted stock units are issued under Sprint Corporation's 2015 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 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 13, 2019, subject to achievement of the performance-based vesting conditions.
- [F4]Includes 1,466,397 restricted stock units which are subject to forfeiture until they vest.
- [F5]Stock options vest 33 1/3% on each of May 13, 2017, May 13, 2018 and May 13, 2019.