SEC Form 4 · accession 0001140361-18-025356
NII HOLDINGS INC · NIHD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roberto Rittes
Officer — CEO, Nextel Brazil
Period of report
May 21, 2018
Accepted (ET)
May 23, 2018 · 4:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001037016
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 21, 2018 | M | 129,376 | $0.00 | A | 129,376 | 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 UnitsF1,F2 | — | May 21, 2018 | A | 388,128 | A | — | — | Common Stock | 388,128 | 388,128 | D |
| Restricted Stock UnitsF2 | $2.19 | May 21, 2018 | M | 129,376 | D | — | — | Common Stock | 129,376 | 258,752 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Issuer common stock or cash equal to the fair market value thereof.
- F2This restricted stock grant will vest as follows: 33 1/3% vested at grant, 33 1/3% on May 16, 2019 and 33 1/3% on May 16, 2020.