Michael J. Katz - 15 Feb 2024 Form 4 Insider Report for T-Mobile US, Inc. (TMUS)

Signature
/s/ Frederick Williams, Attorney-in-Fact
Issuer symbol
TMUS
Transactions as of
15 Feb 2024
Net transactions value
-$1,770,968
Form type
4
Filing time
20 Feb 2024, 16:38:17 UTC
Previous filing
28 Nov 2023
Next filing
06 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMUS Common Stock Award $0 +18,614 +16% $0.000000 137,591 15 Feb 2024 Direct F1
transaction TMUS Common Stock Tax liability $697,982 -4,320 -3.1% $161.57 133,271 15 Feb 2024 Direct F2
transaction TMUS Common Stock Sale $1,072,986 -6,655 -5% $161.23 126,616 16 Feb 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents restricted stock units granted under the issuer's 2023 Incentive Award Plan, (the "Plan"); one-third of the units vest on each of February 15, 2025, February 15, 2026 and February 15, 2027, subject to the terms of the Plan and related award agreement.
F2 Represents shares withheld for payment of taxes on vesting of restricted stock units; not an open market transaction.
F3 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 9, 2023.