June 7, 2024 · Form 4 insider transaction
DEUTSCHE TELEKOM AG bought 6,728,701 shares of T-Mobile US, Inc. at $99.50 per share, a transaction worth $669.54M. The trade was recorded as exercise of in-the-money option and disclosed on an SEC Form 4, filed 4 days after the transaction.
Deutsche Telekom AG ("DT") exercised its right to acquire 6,728,701 shares of Common Stock from Delaware Project 6 L.L.C. ("Project 6") for cash pursuant to the replacement fixed price call option dated April 13, 2022 (the "Replacement SB-Newco Call Option" and the exercised options thereunder the "Exercised Fixed Options").; In accordance with the terms of the Replacement SB-Newco Call Option, the per share exercise price of the Exercised Fixed Options was $99.505.