LEAP WIRELESS INTERNATIONAL INC 4
4 · LEAP WIRELESS INTERNATIONAL INC · Filed Jun 21, 2005
Insider Transaction Report
Form 4
DAVIS DAVID B
Sr. Vice President, Operations
Transactions
- Award
Common Stock
2005-06-17$0.00/sh+9,750$1→ 39,071 total - Other
Common Stock
2005-05-13+71→ 71 total - Award
Common Stock
2005-06-17$0.00/sh+29,250$3→ 29,321 total
Footnotes (2)
- [F1]The shares were distributed to Mr. Davis by the Leap Liquidating Trust in connection with a general unsecured claim filed by Mr. Davis in the Leap Wireless International, Inc. bankruptcy proceeding. Pursuant to Section 16(b) of the Securities Act of 1934, securities acquired in connection with a debt previously contracted are exempt from said Section 16(b).
- [F2]The reporting person received an award of 9,750 deferred stock units pursuant to the Leap Wireless International, Inc. 2004 Stock Option, Restrcited Stock and Deferred Stock Unit Plan (the "2004 Plan"). Each deferred stock unit represents the reporting person's right to purchase one share of Leap Wireless International, Inc.'s ("Leap") common stock within thirty days following the earliest of (1) August 15, 2005, (2) the reporting person's termination of employment or service with Leap (or a subsidiary of Leap) or (3) the date immediately prior to a change in control (as defined in the 2004 Plan).