Sec Form 4 Filing - CONWAY WILLIAM E JR @ SPRINT NEXTEL CORP - 2005-08-12

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
CONWAY WILLIAM E JR
2. Issuer Name and Ticker or Trading Symbol
SPRINT NEXTEL CORP [ S]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
2001 EDMUND HALLEY DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
08/12/2005
(Street)
RESTON, VA20191
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 08/12/2005 A 800,234 ( 1 ) A 800,234 D
Common Stock 08/12/2005( 2 ) A 10 ( 3 ) A $ 0 ( 2 ) 800,244 D
Common Stock 08/12/2005 A 102,775 ( 1 ) A 102,775 I By Corporation
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
Non-Qualified Stock Option(right to buy) $ 17.16 08/12/2005 A 208,000 ( 4 ) 02/20/2011 Common Stock 0 ( 5 ) 208,000 D
Non-Qualified Stock Option(right to buy) $ 6.14 08/12/2005 A 3,467 ( 4 ) 09/06/2012 Common Stock 0 ( 5 ) 3,467 D
Non-Qualified Stock Option(right to buy) $ 10.06 08/12/2005 A 41,600 ( 4 ) 12/03/2012 Common Stock 0 ( 5 ) 41,600 D
Non-Qualified Stock Option(right to buy) $ 10.83 08/12/2005 A 83,200 ( 4 ) 02/28/2013 Common Stock 0 ( 5 ) 83,200 D
Non-Qualified Stock Option(right to buy) $ 11.53 08/12/2005 A 81,250 ( 4 ) 05/30/2013 Common Stock 0 ( 5 ) 81,250 D
Non-Qualified Stock Option(right to buy) $ 14.87 08/12/2005 A 81,250 ( 4 ) 08/29/2013 Common Stock 0 ( 5 ) 81,250 D
Non-Qualified Stock Option(right to buy) $ 19.48 08/12/2005 A 81,250 ( 4 ) 11/28/2013 Common Stock 0 ( 5 ) 81,250 D
Non-Qualified Stock Option(right to buy) $ 20.38 08/12/2005 A 81,250 ( 4 ) 02/27/2014 Common Stock 0 ( 5 ) 81,250 D
Non-Qualified Stock Option(right to buy) $ 17.62 08/12/2005 A 81,250 ( 4 ) 05/27/2014 Common Stock 0 ( 5 ) 81,250 D
Non-Qualified Stock Option(right to buy) $ 17.84 08/12/2005 A 81,250 ( 4 ) 08/31/2014 Common Stock 0 ( 5 ) 81,250 D
Non-Qualified Stock Option(right to buy) $ 21.89 08/12/2005 A 81,250 ( 4 ) 11/30/2014 Common Stock 0 ( 5 ) 81,250 D
Non-Qualified Stock Option(right to buy) $ 22.84 08/12/2005 A 19,500 ( 4 ) 05/26/2015 Common Stock 0 ( 5 ) 19,500 D
Non-Qualified Stock Option(right to buy) $ 47.64 08/12/2005 A 52,000 ( 4 ) 02/17/2010 Common Stock 0 ( 5 ) 52,000 D
Non-Qualified Stock Option(right to buy) $ 22.64 08/12/2005 A 81,250 ( 4 ) 02/28/2015 Common Stock 0 ( 5 ) 81,250 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
CONWAY WILLIAM E JR
2001 EDMUND HALLEY DRIVE
RESTON, VA20191
X
Signatures
/s/ Richard Montfort Attorney-in-Fact 08/16/2005
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The shares of series 1 common stock were acquired pursuant to the merger agreement between Nextel Communications, Inc. and Sprint Corporation, which provides for the conversion of each outstanding share of Nextel class A common stock into approximately 1.2675 shares of Sprint Nextel common stock and cash equal to the product of the cash ratio of 0.0325 and the average of the per share closing prices of shares of Sprint series 1 common stock during the 20 trading day period on the New York Stock Exchange ending on (and including) the August 12, 2005, the closing date of the merger.
( 2 )These share units are issued under Sprint Nextel?s 1997 Long-Term Stock Incentive Program. Each unit represents the right to receive one share of the underlying security at a date in the future.
( 3 )These share units vest 100% on the first anniversary of the grant date.
( 4 )Options fully vested.
( 5 )This option was assumed by Sprint Nextel in the merger and replaced with an option to purchase shares of Sprint Nextel common stock, with the number of shares issuable under the options and exercise prices for those options adjusted based on an exchange ratio of 1.3 to 1 with no change to the aggregate exercise price.

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