Softbank Group Corp. - Sep 23, 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.
Stock symbol
TMUS
Transactions as of
Sep 23, 2021
Transactions value $
$0
Form type
4
Date filed
9/27/2021, 09:37 PM
Previous filing
Sep 10, 2021
Next filing
Oct 18, 2021

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 -26.3M -24.79% 79.9M Sep 23, 2021 By: Delaware Project 6 L.L.C. F1
transaction TMUS Common Stock Exercise of in-the-money or at-the-money derivative security -19M -23.79% 60.9M Sep 23, 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 -26.3M -58.68% 18.6M Sep 23, 2021 Common Stock 26.3M 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.