SEC Form 4 · accession 0001209191-15-057616
NII HOLDINGS INC · NIHD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel E Freiman
Officer — VP and Treasurer
Period of report
Jun 26, 2015
Accepted (ET)
Jun 30, 2015 · 5:27 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 StockF1,F2 | Jun 26, 2015 | A | 29,017 | $0.00 | A | 29,017 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $20.678 | Jun 26, 2015 | A | 83,683 | A | Jun 26, 2016 | Jun 26, 2025 | Common Stock | 83,683 | 83,683 | D |
Explanation of responses
- F1The restricted stock grant will vest over three years as follows: 33-1/3% on June 26, 2016; 33-1/3% on June 26, 2017; and 33-1/3% on June 26, 2018.
- F2All shares of NII Holdings' common stock outstanding prior to the effective date of the company's emergence from Chapter 11 bankruptcy proceedings, including all options to purchase common stock, were cancelled and extinguished at emergence.
- F3The stock option grant will vest over three years as follows: 33-1/3% on June 26, 2016; 33-1/3% on June 26, 2017; and 33-1/3% on June 26, 2018.