SEC Form 4 · accession 0001140361-18-025359
NII HOLDINGS INC · NIHD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel E Freiman
Officer — VP and CFO
Period of report
May 21, 2018
Accepted (ET)
May 23, 2018 · 4:57 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001037016
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1,F3 | — | May 21, 2018 | A | 212,671 | A | — | — | Common Stock | 212,671 | 212,671 | 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.
- F2The grant date fair market value is equal to the target bonus for this participant under the 2018 cash bonus program. This grant was made in connection with the reduction of the eligible cash bonus for this participant under the 2018 cash bonus program of an equal amount.
- F3This restricted stock grant will vest as follows: 50% on August 15, 2018 and 50% on March 15, 2019.