Filing Details

Accession Number:
0001181431-13-015080
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-03-06 18:25:38
Reporting Period:
2013-03-04
Filing Date:
2013-03-06
Accepted Time:
2013-03-06 18:25:38
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1283699 Metropcs Communications Inc PCS Radiotelephone Communications (4812) 200836269
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1015813 M Malcolm Lorang C/O Metropcs Communications, Inc.
2250 Lakeside Boulevard
Richardson TX 75082
Svp & Chief Technology Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-03-04 12,535 $7.13 119,992 No 4 M Direct
Common Stock Disposition 2013-03-04 12,535 $10.05 107,457 No 4 S Direct
Common Stock Acquisiton 2013-03-04 10,000 $6.37 117,457 No 4 M Direct
Common Stock Disposition 2013-03-04 10,000 $10.05 107,457 No 4 S Direct
Common Stock Disposition 2013-03-04 171 $10.14 107,286 No 4 F Direct
Common Stock Disposition 2013-03-04 342 $10.14 106,944 No 4 F Direct
Common Stock Acquisiton 2013-03-05 18,000 $6.37 124,944 No 4 M Direct
Common Stock Disposition 2013-03-05 18,000 $10.22 106,944 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 F Direct
No 4 F Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2013-03-04 12,535 $0.00 12,535 $7.13
Common Stock Stock Option (right to buy) Disposition 2013-03-04 10,000 $0.00 10,000 $6.37
Common Stock Stock Option (right to buy) Disposition 2013-03-05 18,000 $0.00 18,000 $6.37
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2015-08-03 No 4 M Direct
0 2020-03-04 No 4 M Direct
0 2020-03-04 No 4 M Direct
Footnotes
  1. The sales reported for this Form 4 were effected pursuant to a rule 10b-5 trading plan adopted by the reporting person on December 7, 2012.
  2. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $10.00 to $10.10, inclusive. The reporting person undertakes to provide to the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  3. Shares withheld to satisfy minimum statutory tax withholding requirements on the vesting of restricted stock granted on March 4, 2009.
  4. Shares withheld to satisfy minimum statutory tax withholding requirements on the vesting of restricted stock granted on March 4, 2010.
  5. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $10.16 to $10.30, inclusive. The reporting person undertakes to provide to the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  6. The option was granted on August 3, 2005. Twenty-five percent (25%) of the option vested on March 31, 2006 and the remainder vested upon the reporting person's completion of each additional month of service, in a series of thirty-six (36) successive equal monthly installments.
  7. The option was granted on March 4, 2010. Twenty-five percent (25%) of the option vested on March 4, 2011 and the remainder vests upon the reporting person's completion of each additional month of service in a series of thirty-six (36) successive equal monthly installments.