SEC Form 4 · accession 0001567619-19-000376
NII HOLDINGS INC · NIHD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shana C Smith
Officer — VP, General Counsel & Corp Sec
Period of report
Jan 2, 2019
Accepted (ET)
Jan 3, 2019 · 5:37 pm EST
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 | — | Jan 2, 2019 | A | 114,774 | A | — | — | Common Stock | 114,774 | 114,774 | 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 2019 cash bonus program. This grant was made in connection with the reduction of the eligible cash bonus for this participant under the 2019 cash bonus program of an equal amount.
- F3This restricted stock grant will vest as follows: 50% on August 15, 2019 and 50% on March 15, 2020.