SEC Form 4 · accession 0001209191-17-065589
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
Dec 13, 2017
Accepted (ET)
Dec 14, 2017 · 2:02 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 | Dec 13, 2017 | M | 19,440 | $2.00 | A | 204,168 | D | |
| Common Stock | Dec 13, 2017 | M | 69,119 | $4.75 | A | 273,287 | D | |
| Common Stock | Dec 13, 2017 | M | 37,383 | $4.70 | A | 310,670 | D | |
| Common Stock | Dec 13, 2017 | M | 18,099 | $3.44 | A | 328,769 | D | |
| Common StockF1,F2 | Dec 13, 2017 | S | 144,041 | $5.7448 | D | 184,728 | 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 | $2.00 | Dec 13, 2017 | M | 19,440 | D | — | Feb 22, 2022 | Common Stock | 19,440 | 0 | D |
| Non-Qualified Stock Option (right to buy)F3 | $4.75 | Dec 13, 2017 | M | 69,119 | D | — | Dec 8, 2024 | Common Stock | 69,119 | 0 | D |
| Non-Qualified Stock Option (right to buy)F4 | $4.70 | Dec 13, 2017 | M | 37,383 | D | — | May 20, 2025 | Common Stock | 37,383 | 18,692 | D |
| Non-Qualified Stock Option (right to buy)F5 | $3.44 | Dec 13, 2017 | M | 18,099 | D | — | May 13, 2026 | Common Stock | 18,099 | 36,200 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.735 to 5.755, 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 purchased at each separate price within the range set forth in footnote (1) to this Form 4.
- F2Includes 184,498 restricted stock units which are subject to forfeiture until they vest.
- F3Stock options are fully vested.
- F4Stock options vest/vested 33 1/3% on each of May 20, 2016, May 20, 2017 and May 20, 2018.
- F5Stock options vest/vested 33 1/3% on each of May 13, 2017, May 13, 2018 and May 13, 2019.