LEAP WIRELESS INTERNATIONAL INC 4
4 · LEAP WIRELESS INTERNATIONAL INC · Filed Dec 10, 2013
Insider Transaction Report
Form 4
Strickland Robert A
Executive VP & CTO
Transactions
- Tax Payment
Common Stock
2013-12-06$17.09/sh−8,786$150,153→ 66,214 total - Sale
Common Stock
2013-12-09$17.05/sh−25,000$426,135→ 66,214 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2013-12-09−25,000→ 50,000 totalExercise: $9.41Exp: 2022-03-14→ Common Stock (25,000 underlying) - Exercise/Conversion
Common Stock
2013-12-09$9.41/sh+25,000$235,250→ 91,214 total
Footnotes (3)
- [F1]Represents the withholding of shares to cover taxes due on vesting of restricted stock award.
- [F2]The sale prices for this transaction ranged from $17.00 to $17.11. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.
- [F3]The option, representing a right to purchase a total of 100,000 shares, initially was scheduled to vest in four equal installments on March 14, 2013, March 14, 2014, March 14, 2015 and March 14, 2016. Leap Wireless International, Inc.'s Compensation Committee approved accelerating the vesting of the portion that was scheduled to vest on March 14, 2014 (25,000) effective December 6, 2013.