Draper Dow 4
4 · SPRINT Corp · Filed May 25, 2018
Insider Transaction Report
Form 4
Draper Dow
President - Prepaid
Transactions
- Award
Common Stock
2018-05-23+89,767→ 1,053,533 total - Award
Common Stock
2018-05-23+89,767→ 1,143,300 total - Tax Payment
Common Stock
2018-05-24$5.16/sh−3,318$17,121→ 1,139,982 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 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 23, 2021, subject to achievement of the performance-based vesting conditions.
- [F3]These restricted stock units vest 33 1/3% on each of May 23, 2019, May 23, 2020 and May 23, 2021.
- [F4]Shares withheld by Registrant to satisfy minimum statutory withholding requirements on vesting of restricted stock units.
- [F5]Includes 955,456 restricted stock units which are subject to forfeiture until they vest.