Filing Details

Accession Number:
0001181431-10-033711
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-06-17 13:00:00
Reporting Period:
2010-06-15
Filing Date:
2010-06-17
Accepted Time:
2010-06-17 17:31:46
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 2250 Lakeside Boulevard
Richardson TX 75082
Senior Vp And Cto 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 2010-06-15 150,000 $0.08 150,000 No 4 M Indirect By BudL Partners Ltd.
Common Stock Disposition 2010-06-15 150,000 $9.04 0 No 4 S Indirect By BudL Partners Ltd.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Indirect By BudL Partners Ltd.
No 4 S Indirect By BudL Partners Ltd.
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2010-06-15 150,000 $0.00 150,000 $0.08
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
135,444 2014-07-01 No 4 M Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 225,718 Direct
Footnotes
  1. These shares are held by BudL Partners Ltd., of which the reporting person is a managing partner. The reporting person disclaims beneficial ownership of the securities held by such entity except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
  2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on June 3, 2010 by BudL Partners Ltd., of which the reporting person is a managing partner.
  3. The option was granted on July 1, 1999, and vested upon the reporting person's completion of each month of service in a series of forty-eight (48) successive, equal monthly installments.
  4. On January 26, 2000, the reporting person transferred this option to BudL Partners Ltd., of which the reporting person is a managing partner.