SPRINT Corp 4
4 · SPRINT Corp · Filed May 26, 2017
Insider Transaction Report
Form 4
CRULL KEVIN
Chief Marketing Officer
Transactions
- Award
Common Stock
2017-05-24+118,203→ 3,313,329 total - Award
Non-Qualified Stock Option (right to buy)
2017-05-24+89,087→ 89,087 totalExercise: $8.17Exp: 2027-05-24→ Common Stock (89,087 underlying) - Award
Common Stock
2017-05-24+70,922→ 3,195,126 total
Footnotes (5)
- [F1]These restricted stock units are issued under Sprint Corporation's Amended and Restated 2015 Omnibus Incentive Plan. Each unit represents the right to receive one share of the underlying security at a date in the future.
- [F2]These restricted stock units vest 33 1/3% on each of May 24, 2018, May 24, 2019 and May 24, 2020.
- [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 24, 2020, subject to achievement of the performance-based vesting conditions.
- [F4]Includes 3,313,329 restricted stock units which are subject to forfeiture until they vest.
- [F5]Stock options vest 33 1/3% on each of May 24, 2018, May 24, 2019 and May 24, 2020.