LEAP WIRELESS INTERNATIONAL INC 4
4 · LEAP WIRELESS INTERNATIONAL INC · Filed Dec 10, 2013
Insider Transaction Report
Form 4
ELLIOTT JERRY
Exec. VP & CFO
Transactions
- Tax Payment
Common Stock
2013-12-06$17.09/sh−19,567$334,400→ 130,433 total - Tax Payment
Common Stock
2013-12-06$17.09/sh−37,756$645,250→ 148,927 total - Exercise/Conversion
Common Stock
2013-12-06$5.34/sh+56,250$300,375→ 186,683 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2013-12-06−56,250→ 112,500 totalExercise: $5.34Exp: 2022-05-14→ Common Stock (56,250 underlying)
Footnotes (3)
- [F1]Represents the withholding of shares to cover taxes due on vesting of restricted stock award.
- [F2]Represents shares otherwise issuable upon exercise of the option that were withheld to pay the exercise price and withhholding taxes incurred in connection with the exercise.
- [F3]The option, representing a right to purchase a total of 225,000 shares, initially was scheduled to vest in four equal installments on May 14, 2013, May 14, 2014, May 14, 2015 and May 14, 2016. Leap Wireless International, Inc.'s Compensation Committee approved accelerating the vesting of the portion that was scheduled to vest on May 14, 2014 (56,250) effective December 6, 2013.