Sec Form 4 Filing - LORANG MALCOLM M @ METROPCS COMMUNICATIONS INC - 2013-01-30

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
LORANG MALCOLM M
2. Issuer Name and Ticker or Trading Symbol
METROPCS COMMUNICATIONS INC [ PCS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
SVP & Chief Technology Officer
(Last) (First) (Middle)
C/O METROPCS COMMUNICATIONS, INC., 2250 LAKESIDE BOULEVARD
3. Date of Earliest Transaction (MM/DD/YY)
01/30/2013
(Street)
RICHARDSON, TX75082
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/30/2013 S( 1 ) 80,000 D $ 10.0202 ( 2 ) 102,961 D
Common Stock 01/31/2013 M 60,000 A $ 7.1533 162,961 D
Common Stock 01/31/2013 M 17,181 A $ 7.1533 180,142 D
Common Stock 01/31/2013 S( 1 ) 95,381 D $ 10.0018 ( 3 ) 84,761 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $ 7.1533 01/31/2013 M 60,000 ( 4 ) 03/14/2016 Common Stock 60,000 $ 0 0 D
Stock Option (right to buy) $ 7.1533 01/31/2013 M 17,181 ( 5 ) 12/30/2015 Common Stock 17,181 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
LORANG MALCOLM M
C/O METROPCS COMMUNICATIONS, INC.
2250 LAKESIDE BOULEVARD
RICHARDSON, TX75082
SVP & Chief Technology Officer
Signatures
/s/ Catherine Noyes, as Attorney in Fact for Malcolm M. Lorang 02/01/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The sales report 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 $10.0550, 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 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 $10.0100 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.
( 4 )The option was granted on March 14, 2006. Twenty-five percent (25%) of the option vested on January 24, 2007 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.
( 5 )The option was granted on December 30, 2005. Fifty percent (50%) of the option vested on January 1, 2006 and the remaining 50% vested on January 1, 2007.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** 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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