Rittes Roberto 4
4 · NII HOLDINGS INC · Filed Dec 19, 2019
Insider Transaction Report
Form 4
NII HOLDINGS INCNIHD
Rittes Roberto
CEO, Nextel Brazil
Transactions
- Exercise/Conversion
Common Stock
2019-12-17$0.55/sh+500,000$277,350→ 1,079,468 total - Tax Payment
Common Stock
2019-12-17$2.07/sh−133,986$277,351→ 945,482 total - Exercise/Conversion
Common Stock
2019-12-18+129,376→ 1,074,858 total - Tax Payment
Common Stock
2019-12-18$2.11/sh−35,579$75,072→ 1,039,279 total - Exercise/Conversion
Stock Options
2019-12-17−500,000→ 0 totalExercise: $0.55From: 2018-05-16Exp: 2027-05-16→ Common Stock (500,000 underlying) - Exercise/Conversion
Restricted Stock Units
2019-12-18−129,376→ 0 total→ Common Stock (129,376 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 the 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 May 16, 2020 was accelerated as a result of the sale of the Issuer's wireless operations in Brazil, effective December 18, 2019.