Sec Form 4 Filing - SOFTBANK GROUP CORP @ SPRINT Corp - 2017-11-15

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
SOFTBANK GROUP CORP
2. Issuer Name and Ticker or Trading Symbol
SPRINT Corp [ S]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
1-9-1, HIGASHI-SHIMBASHI
3. Date of Earliest Transaction (MM/DD/YY)
11/15/2017
(Street)
MINATO-KU TOKYO, M0105-7303
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ 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 11/15/2017 J( 1 ) 311,476 A $ 6.16 3,331,671,947 I See Footnote ( 2 )
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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SOFTBANK GROUP CORP
1-9-1, HIGASHI-SHIMBASHI
MINATO-KU TOKYO, M0105-7303
X
Galaxy Investment Holdings, Inc.
ONE CIRCLE STAR WAY
SAN CARLOS, CA94070
X
Starburst I, Inc.
ONE CIRCLE STAR WAY
SAN CARLOS, CA94070
X
Signatures
/s/ Ronald D. Fisher, as attorney-in-fact for SoftBank Group Corp. 11/17/2017
Signature of Reporting Person Date
/s/ Ronald D. Fisher, as President of Galaxy Investment Holdings, Inc. 11/17/2017
Signature of Reporting Person Date
/s/ Ronald D. Fisher, as President of Starburst I, Inc. 11/17/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On March 17, 2014, Galaxy Investment Holdings, Inc. ("Galaxy"), a U.S. wholly owned subsidiary of SoftBank Group Corp. ("SoftBank") granted to Ronald D. Fisher an award of restricted stock units (the "RSUs") for 2,846,508 shares of the common stock of Sprint Corporation, par value $0.01 per share ("Sprint Common Stock"), owned by Galaxy. The RSUs vest in four equal installments beginning on November 15, 2015, subject to the terms of the RSU award agreement. RSUs in respect of 711,627 shares vested on November 15, 2017, of which 311,476 were settled in cash and 400,151 were settled in shares of Sprint Common Stock. Such cash was withheld to satisfy tax withholding obligations. The amount reported in column 4 represents shares of Sprint Common Stock deemed reacquired by Galaxy from Mr. Fisher in respect of the RSUs settled in cash.
( 2 )Such figure reflects 255,146,424 shares of Sprint Common Stock (the "Galaxy Shares") that are owned indirectly by SoftBank through Galaxy and 3,076,525,523 shares of Sprint Common Stock (the "Starburst I Shares") that are owned indirectly by SoftBank through Starburst I, Inc. ("Starburst I"), which is a U.S. wholly owned subsidiary of SoftBank. As a result of such ownership, SoftBank may be deemed to beneficially own the Galaxy Shares and the Starburst I Shares. Starburst I expressly disclaims beneficial ownership with respect to the Galaxy Shares and Galaxy expressly disclaims beneficial ownership with respect to the Starburst I Shares.

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