Form 4 for TMUS T-Mobile US
Accepted 2023-04-04 00:00:00 ET · period of report 2023-03-31 · accession 0000950157-23-000347 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-04-04 | 2023-03-31 | TMUS | DEUTSCHE TELEKOM AG | Dir, 10% | C - Cnv Deriv | — | +20.00M | 649.88M | +3% | — |
| D | 2023-04-04 | 2023-03-31 | TMUS | DEUTSCHE TELEKOM AG | Dir, 10% | J - Other | — | -20.00M | 649.88M | -3% | — |
| D | 2023-04-04 | 2023-03-31 | TMUS | DEUTSCHE TELEKOM AG | Dir, 10% | J - Other | — | 0 | 0 | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-03-31 | C | A | 20,000,000 | — | 649,882,564 | D | — | — | (F1) On May 21, 2021, Deutsche Telekom AG ("DT") entered into a forward purchase contract (the "Forward Contract") with an unaffiliated counterparty covering up to a maximum of 20,000,000 shares of the Issuer's common stock (the "Shares"). On August 24, 2021, the counterparty completed its initial hedge, and the number of Shares covered by the Forward Contract (the "Forward Shares") was fixed at 20,000,000. On February 22, 2023, DT entered into an early unwind agreement (the "Unwind Agreement") that amended the terms of the Forward Contract to provide for the early cash settlement of the Forward Contract. (F2) The Unwind Agreement provides for an unwind period of 60 trading days, commencing on the date of the Unwind Agreement (the "Unwind Period"). On March 31, 2023, the Unwind Period ended and all of the Forward Shares were sold during the Unwind Period. (F3) On April 4, 2023, DT made the settlement payment and the Forward Contract terminated in its entirety. The settlement payment amount paid by DT was determined based on a volume-weighted average price at which the Forward Shares were sold during the Unwind Period of $143.27, and included accrued and unpaid interest and other charges. |
| 2 | Common | Common Stock | 2023-03-31 | J | D | 20,000,000 | — | 649,882,564 | D | — | — | (F1) On May 21, 2021, Deutsche Telekom AG ("DT") entered into a forward purchase contract (the "Forward Contract") with an unaffiliated counterparty covering up to a maximum of 20,000,000 shares of the Issuer's common stock (the "Shares"). On August 24, 2021, the counterparty completed its initial hedge, and the number of Shares covered by the Forward Contract (the "Forward Shares") was fixed at 20,000,000. On February 22, 2023, DT entered into an early unwind agreement (the "Unwind Agreement") that amended the terms of the Forward Contract to provide for the early cash settlement of the Forward Contract. (F2) The Unwind Agreement provides for an unwind period of 60 trading days, commencing on the date of the Unwind Agreement (the "Unwind Period"). On March 31, 2023, the Unwind Period ended and all of the Forward Shares were sold during the Unwind Period. (F3) On April 4, 2023, DT made the settlement payment and the Forward Contract terminated in its entirety. The settlement payment amount paid by DT was determined based on a volume-weighted average price at which the Forward Shares were sold during the Unwind Period of $143.27, and included accrued and unpaid interest and other charges. |
| 3 | Derivative | Forward purchase contract (obligation to buy) | 2023-03-31 | J | D | 0 | $0.00 | 0 | D | — · — to — | 20,000,000 Common Stock | (F1) On May 21, 2021, Deutsche Telekom AG ("DT") entered into a forward purchase contract (the "Forward Contract") with an unaffiliated counterparty covering up to a maximum of 20,000,000 shares of the Issuer's common stock (the "Shares"). On August 24, 2021, the counterparty completed its initial hedge, and the number of Shares covered by the Forward Contract (the "Forward Shares") was fixed at 20,000,000. On February 22, 2023, DT entered into an early unwind agreement (the "Unwind Agreement") that amended the terms of the Forward Contract to provide for the early cash settlement of the Forward Contract. (F2) The Unwind Agreement provides for an unwind period of 60 trading days, commencing on the date of the Unwind Agreement (the "Unwind Period"). On March 31, 2023, the Unwind Period ended and all of the Forward Shares were sold during the Unwind Period. (F3) On April 4, 2023, DT made the settlement payment and the Forward Contract terminated in its entirety. The settlement payment amount paid by DT was determined based on a volume-weighted average price at which the Forward Shares were sold during the Unwind Period of $143.27, and included accrued and unpaid interest and other charges. |