Statement of Changes in Beneficial Ownership (4)
12 July 2013 - 7:32AM
Edgar (US Regulatory)
FORM 4
[
X
]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Draper Dow
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2. Issuer Name
and
Ticker or Trading Symbol
Clearwire Corp /DE
[
CLWR
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director
_____ 10% Owner
__
X
__ Officer (give title below)
_____ Other (specify below)
SVP and GM of Retail
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(Last)
(First)
(Middle)
1475 120TH AVE NE
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3. Date of Earliest Transaction
(MM/DD/YYYY)
7/9/2013
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(Street)
BELLEVUE, WA 98005
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security
(Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code
(Instr. 8)
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4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Class A Common Stock
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7/9/2013
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A
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36369
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A
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$0.00
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945275
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D
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Class A Common Stock
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7/9/2013
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D
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659079
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D
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$5.00
(1)
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286196
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D
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Class A Common Stock
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7/9/2013
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D
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286196
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D
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$5.00
(2)
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0
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D
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Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 3)
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2. Conversion or Exercise Price of Derivative Security
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3. Trans. Date
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3A. Deemed Execution Date, if any
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4. Trans. Code
(Instr. 8)
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5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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6. Date Exercisable and Expiration Date
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7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
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8. Price of Derivative Security
(Instr. 5)
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9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
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10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
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11. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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(A)
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(D)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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Stock Option (Right To Buy)
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$3.03
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7/9/2013
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D
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56250
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(3)
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3/10/2019
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Class A Common Stock
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56250
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$5.00
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0
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D
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Explanation of Responses:
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(
1)
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Disposed of pursuant to the agreement and plan of merger agreement ("Merger Agreement") by and among the Issuer, Sprint Nextel Corporation ("Sprint") and Collie Acquisition Corp., a wholly owned subsidiary of Sprint, in exchange for $5.00 per share in cash.
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(
2)
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These Restricted Stock Units were granted in 2013 ("2013 RSU"), are unvested and represent a contingent right to receive one share of common stock per each RSU. Each 2013 RSU that is unvested at the effective time of the merger, as contemplated by the Merger Agreement, shall be converted automatically into a right to receive a payment equal to $5.00 for each RSU, payable in accordance with the applicable vesting schedule set forth in the award for such RSU.
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(
3)
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The option became exercisable in two equal annual installments on March 5, 2012 and 2013. At the effective time of the merger, as contemplated by the Merger Agreement, each option shall be converted automatically into a right to receive a payment representing the difference between the exercise price of the option and the merger price of the Issuer's common stock ($5.00 per share).
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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Draper Dow
1475 120TH AVE NE
BELLEVUE, WA 98005
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SVP and GM of Retail
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Signatures
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By: Frederick L. Williams, Jr.
For: Dow Draper
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7/11/2013
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**
Signature of Reporting Person
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Date
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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*
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If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
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**
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Note:
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File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
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Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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