SOFTBANK GROUP CORP. - 23 Sep 2021 Form 4 Insider Report for T-Mobile US, Inc. (TMUS)

Role
Director
Signature
/s/ Natsuko Ohga, Head of Corporate Legal Department of SOFTBANK GROUP CORP.
Issuer symbol
TMUS
Transactions as of
23 Sep 2021
Net transactions value
$0
Form type
4
Filing time
27 Sep 2021, 21:37:59 UTC
Previous filing
10 Sep 2021
Next filing
18 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMUS Common Stock Exercise of in-the-money or at-the-money derivative security -26,348,874 -25% 79,942,749 23 Sep 2021 By: Delaware Project 6 L.L.C. F1
transaction TMUS Common Stock Exercise of in-the-money or at-the-money derivative security -19,017,795 -24% 60,924,954 23 Sep 2021 By: Delaware Project 6 L.L.C. F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TMUS Call option (obligation to sell) Exercise of in-the-money or at-the-money derivative security -26,348,874 -59% 18,556,605 23 Sep 2021 Common Stock 26,348,874 By: Delaware Project 6 L.L.C. F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Fixed price call options for which the per share strike price is $101.455 (the "Fixed Options"). Deutsche Telekom AG ("DT") has, pursuant to the terms of the Fixed Options, elected to pay the exercise price for these options in the form of 133,672,515 no par value registered shares of DT ("DT Shares").
F2 Floating price call options for which the aggregate strike price is equal to 91,327,485 DT Shares.

Remarks:

Marcelo Claure, an executive officer of SoftBank Group Corp. is a member of the Board of Directors of the Issuer. As a result each of the Reporting Persons may be a director by deputization for Section 16 purposes. Mr. Claure disclaims beneficial ownership of the shares of common stock and call options reported in this filing, except to the extent of his pecuniary interest therein.