Filing Details

Accession Number:
0001181431-11-039699
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-07-05 16:02:47
Reporting Period:
2011-07-01
Filing Date:
2011-07-05
Accepted Time:
2011-07-05 16:02:47
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 2011-07-01 46,407 $3.13 293,055 No 4 M Direct
Common Stock Acquisiton 2011-07-01 23,061 $5.49 316,116 No 4 M Direct
Common Stock Disposition 2011-07-01 69,468 $17.70 246,648 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M 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 Option (right to buy) Disposition 2011-07-01 46,607 $0.00 46,407 $3.13
Common Stock Option (right to buy) Disposition 2011-07-01 23,061 $0.00 23,061 $5.49
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2013-10-30 No 4 M Direct
0 2014-03-11 No 4 M Direct
Footnotes
  1. These sales were effected pursuant to a Rule 10b5-1 trading plan adopted on June 4, 2011.
  2. The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $17.57 to $17.81, 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. The option was granted on October 30, 2003 and was repriced from $1.5667 to $3.1267 on December 28, 2005. Twenty-five percent (25%) of the option vested on September 16, 2004 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.
  4. The option was granted on March 11, 2004 and was repriced from $4.97 to $5.49 on Deccember 28,2005. Twenty-five percent (25%) of the option vested on March 11, 2005 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.