SEC Form 4 · accession 0001209191-16-150397
SPRINT Corp · S
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul W Schieber Jr.
Officer — Vice President & Controller
Period of report
Nov 14, 2016
Accepted (ET)
Nov 16, 2016 · 11:09 am 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 | Nov 14, 2016 | M | 22,987 | $4.16 | A | 205,808 | D | |
| Common Stock | Nov 14, 2016 | M | 9,019 | $3.09 | A | 214,827 | D | |
| Common Stock | Nov 14, 2016 | M | 20,369 | $5.84 | A | 235,196 | D | |
| Common StockF1,F2 | Nov 14, 2016 | S | 52,375 | $7.3643 | D | 182,821 | 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)F3 | $4.16 | Nov 14, 2016 | M | 22,987 | D | — | Jun 17, 2017 | Common Stock | 22,987 | 0 | D |
| Non-Qualified Stock Option (right to buy)F3 | $5.84 | Nov 14, 2016 | M | 20,369 | D | — | Mar 26, 2018 | Common Stock | 20,369 | 0 | D |
| Non-Qualified Stock Option (right to buy)F3 | $3.09 | Nov 14, 2016 | M | 9,019 | D | — | Mar 16, 2020 | Common Stock | 9,019 | 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 $7.36 to $7.367, 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.
- F2Includes 182,591 restricted stock units which are subject to forfeiture until they vest.
- F3Stock options are fully vested.