SEC Form 4 · accession 0001209191-16-150755
SPRINT Corp · S
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roger Sole-Rafols
Officer — Chief Marketing Officer
Period of report
Nov 16, 2016
Accepted (ET)
Nov 17, 2016 · 10:29 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 16, 2016 | M | 49,844 | $4.70 | A | 1,516,241 | D | |
| Common StockF1,F2 | Nov 16, 2016 | S | 49,844 | $7.5326 | D | 1,466,397 | 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 | $4.70 | Nov 16, 2016 | M | 49,844 | D | — | May 20, 2025 | Common Stock | 49,844 | 99,689 | 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 $7.531 to $7.541, 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 1,466,397 restricted stock units which are subject to forfeiture until they vest.
- F3Stock options vest/vested 33 1/3% on each of May 20, 2016, May 20, 2017 and May 20, 2018.