SEC Form 4 · accession 0000925421-18-000336
SPRINT Corp · S
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald D Fisher
Director
Period of report
Nov 15, 2018
Accepted (ET)
Nov 19, 2018 · 6:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000101830
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 15, 2018 | C | 711,627 | $0.00 | A | 2,419,275 | D | |
| Common StockF2 | Nov 19, 2018 | S | 327,525 | $6.20 | D | 2,091,750 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1 | — | Nov 15, 2018 | C | 711,627 | D | — | — | Common Stock | 711,627 | 0 | D |
Explanation of responses
- F1Represents the vesting of restricted stock units ("RSUs") for shares of the common stock of Sprint Corporation, par value $0.01 per share (the "Sprint Common Stock"), granted to Mr. Fisher by Galaxy Investment Holdings, Inc. ("Galaxy"), a U.S. wholly owned subsidiary of SoftBank Group Corp., on March 17, 2014. Each RSU represented a contingent right for Mr. Fisher to receive one share of Sprint Common Stock or, in the sole discretion of Galaxy, a cash payment in lieu of all or a portion thereof. RSUs in respect of 711,627 shares vested on November 15, 2018, all of which were settled in shares of Sprint Common Stock.
- F2Shares sold in connection with tax withholding on RSU vesting. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.18 to $6.23, exclusive of any fees, commissions or other expenses. The Reporting Person undertakes to provide Sprint, any stockholder of Sprint, or the Staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.