SEC Form 4 · accession 0001209191-15-018453
SPRINT Corp · S
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen J Bye
Officer — Chief Technology Officer
Period of report
Feb 24, 2015
Accepted (ET)
Feb 25, 2015 · 4:04 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 Stock | Feb 24, 2015 | M | 19,439 | $2.00 | A | 208,330 | D | |
| Common StockF1 | Feb 24, 2015 | S | 19,439 | $4.6226 | D | 188,891 | D | |
| Common StockF2,F3 | Feb 24, 2015 | S | 30,606 | $4.6219 | D | 158,285 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F4 | $2.00 | Feb 24, 2015 | M | 19,439 | D | — | Feb 22, 2022 | Common Stock | 19,439 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.621 to $4.625, inclusive. The reporting person undertakes to provide to Sprint Corporation, any security holder of Sprint Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.612 to $4.627, inclusive. The reporting person undertakes to provide to Sprint Corporation, any security holder of Sprint Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
- F3Includes 158,285 restricted stock units which are subject to forfeiture until they vest.
- F4Stock options are fully vested.