iPCS, INC 4
4 · iPCS, INC · Filed Dec 1, 2009
Insider Transaction Report
Form 4
iPCS, INCIPCS
HUNTER CONRAD
EVP and COO
Transactions
- Tax Payment
Common Stock
2009-11-27$24.00/sh−8,975$215,400→ 18,984 total - Disposition to Issuer
Stock Option (Right to Buy)
2009-11-27−50,000→ 0 totalExercise: $8.76Exp: 2019-03-09→ Common Stock (50,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2009-11-27−79,688→ 0 totalExercise: $29.92Exp: 2017-08-07→ Common Stock (79,688 underlying) - Disposition from Tender
Common Stock
2009-11-27−5,209→ 13,775 total - Disposition to Issuer
Stock Option (Right to Buy)
2009-11-27−90,000→ 0 totalExercise: $25.29Exp: 2018-01-30→ Common Stock (90,000 underlying)
Footnotes (2)
- [F1]Each share of Common Stock disposed of pursuant to Agreement and Plan of Merger, dated as of October 18, 2009, among the Issuer, Sprint Nextel Corporation and Ireland Acquisition Corporation (the "Merger Agreement") in exchange for $24.00 per share in cash.
- [F2]Option disposed of pursuant to Merger Agreement in exchange for the right to receive, upon completion of the merger, an amount in cash equal to (A) the excess, if any, of (1) $24.00 over (2) the exercise price per share of Issuer Common Stock subject to such option, multiplied by (B) the number of shares of Issuer Common Stock subject to such option immediately prior to the effective time of the merger (whether vested or unvested).