Smith Shana C 4
4 · NII HOLDINGS INC · Filed Dec 19, 2019
Insider Transaction Report
Form 4
NII HOLDINGS INCNIHD
Smith Shana C
VP, Corporate Secretary
Transactions
- Exercise/Conversion
Common Stock
2019-12-18+57,387→ 240,789 total - Tax Payment
Common Stock
2019-12-18$2.11/sh−27,919$58,909→ 212,870 total - Exercise/Conversion
Restricted Stock Units
2019-12-18−57,387→ 0 total→ Common Stock (57,387 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Issuer common stock or cash equal to the fair market value thereof.
- [F2]The disposition of the shares reported on this form was made to the Issuer solely to permit the stockholder to pay Issuer the tax withholding obligation due upon vesting of the restricted stock units.
- [F3]The vesting of this restricted stock unit scheduled to vest on March 15, 2020 was accelerated as a result of the sale of the Issuer's wireless operations in Brazil, effective December 18, 2019.