1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Stock Option (right to buy)
|
Â
(2)
|
09/21/2015 |
Common Stock
|
40,000
|
$
21.46
|
D
|
Â
|
Stock Option (right to buy)
|
Â
(3)
|
03/14/2006 |
Common Stock
|
10,000
|
$
21.46
|
D
|
Â
|
Stock Option (right to buy)
|
Â
(4)
|
01/26/2017 |
Common Stock
|
10,000
|
$
34
|
D
|
Â
|
Series D Convertible Preferred Stock
|
Â
(5)
|
Â
(5)
|
Common Stock
|
71,239
(5)
(6)
|
$
9.4
(5)
|
I
|
See Footnote 7
(7)
|
Series E Convertible Preferred Stock
|
Â
(8)
|
Â
(8)
|
Common Stock
|
13,010
(8)
(9)
|
$
27
(8)
|
I
|
See Footnote 9
(10)
|
* |
If the form is filed by more than one reporting person, see Instruction 5(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). |
(1) |
The reporting person may be deemed to have an indirect pecuniary interest as a partner of TA Investors II L.P. in 94,781 shares of Common Stock. The reporting person disclaims beneficial ownership of such securities, except to the extent of 14,453 shares of Common Stock as to which he holds a pecuniary interest. |
(2) |
This option was granted on September 21, 2005. This option vests over a period of three years as follows: The option shall vest and become exercisable with respect to 1/36 of the shares on the date of each month beginning on the "Vesting Commencement Date" (in accordance with the provisions of the Director Plan). |
(3) |
This option was granted on March 14, 2006. This option vests over a period of three years as follows: The option shall vest and become exercisable with respect to 1/36 of the shares on the date of each month beginning on the "Vesting Commencement Date" (in accordance with the provisions of the Director Plan). |
(4) |
This option was granted on January 26, 2007. This option vests over a period of three years as follows: The option shall vest and become exercisable with respect to 1/36 of the shares on the date of each month beginning on the "Vesting Commencement Date" (in accordance with the provisions of the Director Plan). |
(5) |
The Series D Convertible Preferred Stock (the "Series D Preferred Stock") and the accrued but unpaid dividends thereon will automatically convert into common stock (the "Common Stock") of MetroPCS Communications, Inc. (the "Issuer") at the price of $9.40 per share of Common Stock upon (i) completion of a Qualified Public Offering (as defined in the Securities Purchase Agreement, as amended); (ii) the Common Stock trading on a national securities exchange for a period of 30 consecutive trading dates above a price that implies a market valuation of the Series D Preferred Stock in excess of twice the initial purchase price of the Series D Preferred Stock; or (iii) the date specified by the holders of two-thirds of the initial purchase price of the Series D Preferred Stock. If not previously converted, the Issuer is required to redeem all outstanding shares of Series D Preferred Stock on July 17, 2015, at the liquidation value plus accrued but unpaid dividends. |
(6) |
This amount includes 15,708 shares of Common Stock issuable pursuant to accrued dividends. |
(7) |
The reporting person may be deemed to have an indirect pencuniary interest as a partner of TA Investors II L.P. in 5,220 shares of Series D Preferred Stock that will convert into 71,239 shares of Common Stock. The reporting person disclaims beneficial ownership of such securities, except to the extent of 796 shares of Series D Preferred Stock as to which he holds a pecuniary interest. |
(8) |
The Series E Convertible Preferred Stock (the "Series E Preferred Stock") and the accrued but unpaid dividends thereon will automatically convert into common stock (the "Common Stock") of MetroPCS Communications, Inc. (the "Issuer") at the price of $27.00 per share of Common Stock upon (i) completion of a Qualified Public Offering (as defined in the Second Amended and Restated Stockholders Agreement); (ii) the Common Stock trading on a national securities exchange for a period of 30 consecutive trading dates above a price that implies a market valuation of the Series E Preferred Stock in excess of twice the initial purchase price of the Series E Preferred Stock; or (iii) the date specified by the holders of two-thirds of the initial purchase price of the Series E Preferred Stock. If not previously converted, the Issuer is required to redeem all outstanding shares of Series E Preferred Stock on July 17, 2015, at the liquidation value plus accrued but unpaid dividends. |
(9) |
This amount includes 1,084 shares of Common Stock issuable pursuant to accrued dividends. |
(10) |
The reporting person may be deemed to have an indirect pecuniary interest as a partner of TA Investors II L.P. in 3,220 shares of Series E Preferred Stock that will convert into 13,010 shares of Common Stock. The reporting person disclaims beneficial ownership of such securities, except to the extent of 490 shares of Series E Preferred Stock as to which he holds a pecuniary interest. |