FISHER RONALD D 4
4 · SPRINT Corp · Filed Nov 17, 2017
Insider Transaction Report
Form 4
FISHER RONALD D
Director
Transactions
- Other
Common Stock
2017-11-15$6.16/sh−311,476$1,918,692→ 1,651,502 total - Exercise/Conversion
Restricted Stock Unit
2017-11-15−711,627→ 711,627 total→ Common Stock (711,627 underlying) - Exercise/Conversion
Common Stock
2017-11-15+711,627→ 1,962,978 total
Footnotes (2)
- [F1]Represents the vesting of restricted stock units ("RSUs") for shares of the common stock of Sprint Corporation, par value $0.01 per share (the "Sprint Common Stock"), granted to Mr. Fisher by Galaxy Investment Holdings, Inc. ("Galaxy"), a U.S. wholly owned subsidiary of SoftBank Group Corp. ("SoftBank"), on March 17, 2014. Each RSU represents a contingent right for Mr. Fisher to receive one share of Sprint Common Stock or, in the sole discretion of Galaxy, a cash payment in lieu of all or a portion thereof. RSUs in respect of 711,627 shares vested on November 15, 2017, of which 311,476 were settled in cash and 400,151 were settled in shares of Sprint Common Stock. Such cash was withheld to satisfy tax withholding obligations.
- [F2]The amount reported in column 4 represents shares of Sprint Common Stock deemed reacquired by Galaxy from Mr. Fisher in respect of the RSUs settled in cash.