SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Deutsche Telekom Holding B.V.

(Last) (First) (Middle)
STATIONSPLEIN 8K

(Street)
MAASTRICHT P7 6221 BT

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
T-Mobile US, Inc. [ TMUS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/22/2020
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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
Call Option (Right to Buy) (1)(2)(3) 06/22/2020 A 44,905,479 06/22/2020 06/22/2024 Common Stock 44,905,479 (4)(5) 44,905,479 D(6)
1. Name and Address of Reporting Person*
Deutsche Telekom Holding B.V.

(Last) (First) (Middle)
STATIONSPLEIN 8K

(Street)
MAASTRICHT P7 6221 BT

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
T-Mobile Global Holding GmbH

(Last) (First) (Middle)
LANDGRABENWEG 151

(Street)
BONN 2M 53227

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
T-Mobile Global Zwischenholding GmbH

(Last) (First) (Middle)
FRIEDRICH-EBERT-ALLEE 140

(Street)
BONN 2M 53113

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
DEUTSCHE TELEKOM AG

(Last) (First) (Middle)
FRIEDERICH-EBERT-ALLEE 140

(Street)
BONN 2M 53113

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. The exercise price per share of the call options (the "Call Options") granted pursuant to the Newco-DT Call Option, among T-Mobile Agent LLC ("T-Mobile Agent"), as grantor, SoftBank Group Capital Ltd ("SBGC"), as registrar, and Deutsche Telekom AG ("DT"), as optionholder, dated June 22, 2020 (the "Newco-DT Call Option") is the lesser of (i) $106.90 and (ii) the volume weighted average price of the shares of common stock (the "Common Stock") of T-Mobile US, Inc. (the "Company") sold by SoftBank Group Corp. ("SoftBank") in one or more underwritten public offerings of Common Stock on or prior to December 22, 2020, which may include one or more "synthetic secondary offerings" undertaken through the Company,
2. (Continued from footnote 1) in each case during the period beginning on June 22, 2020 and ending on the earlier of (x) December 22, 2020 and (y) the close of business on the business day immediately preceding the date of delivery of the first notice of exercise of the Call Options by DT, calculated after all discounts, commissions, spreads, fees or other similar amounts as determined by, or agreed to with, the underwriters, placement agents or other persons performing similar functions in connection with such public offerings.
3. (Continued from footnote 2) On and after October 2, 2020, each of DT and T-Mobile Agent shall have the right to effectuate an exchange of the Newco-DT Call Option pursuant to which T-Mobile Agent shall transfer and assign to each optionholder a pro rata interest in the SB-Newco Call Option, between SBGC, as grantor, and T-Mobile Agent LLC, as optionholder, dated June 22, 2020 (the "SB-Newco Call Option"). To effectuate this transfer and assignment, T-Mobile Agent shall issue a SB-Newco Call Option, in each case, registered in the name of each optionholder of Newco-DT Call Options and representing the right of each optionholder to purchase the same number of shares of Common Stock subject to each such exchanged Newco-DT Call Option.
4. In connection with the transactions between or among SoftBank, DT, Claure Mobile LLC (the "Executive Purchaser"), SBGC, Delaware Project 4 L.L.C. ("Project 4 LLC"), Delaware Project 6 L.L.C. ("Project 6 LLC" and, together with SoftBank, SBGC and Project 4 LLC, the "SoftBank Parties") and the Company as described in the Master Framework Agreement by and among the SoftBank Parties, DT, the Executive Purchaser and the Company, dated June 22, 2020 (the "Master Framework Agreement"),
5. (Continued from footnote 4) DT granted its consent under the Proxy, Lock-Up and ROFR Agreement, dated April 1, 2020, by and between SoftBank and DT, to certain transactions contemplated by the Master Framework Agreement, pursuant to a consent letter between DT and SoftBank, dated June 22, 2020 (the "Proxy Agreement Consent"). As a portion of the consideration for the Proxy Agreement Consent and as part of the transactions contemplated by the Master Framework Agreement, SoftBank granted to the Company and the Company granted to DT the Call Options.
6. The derivative securities are directly held by DT.
Remarks:
Solely for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder ("Section 16"), each Reporting Person may be deemed to be a director-by-deputization by virtue of the fact that each of Timotheus Hottges, Chief Executive Officer of DT, Srini Gopalan, Board Member for Europe of DT, Dr. Christian P. Illek, Board Member for Finance of DT, Raphael Kubler, Senior Vice President of the Corporate Operating Office of DT and Managing Director of Deutsche Telekom Holding B.V. and Thorsten Langheim, Board Member for USA and Group Development of DT, serve on the board of directors of the Issuer. Each of T-Mobile Global Zwischenholding GmbH, T-Mobile Global Holding GmbH and Deutsche Telekom Holding B.V. are wholly-owned subsidiaries of DT. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
/s/ Frans Roose, Managing Director, for Deutsche Telekom Holding B.V.; /s/ Raphael Kubler, Managing Director, for Deutsche Telekom Holding B.V. 06/24/2020
/s/ Frank Schmidt, Managing Director, for T-Mobile Global Holding GmbH; /s/ Michaela Klitsch, Managing Director, for T-Mobile Global Holding GmbH 06/24/2020
/s/ Dr. Christian Dorenkamp, Managing Director, for T-Mobile Global Zwischenholding GmbH; /s/ Helmut Becker, Managing Director, for T-Mobile Global Zwischenholding GmbH 06/24/2020
/s/ Dr. Axel Lutzner, Vice President DT Legal, for Deutsche Telekom AG; /s/ Dr. Ulrich Zwach, Vice President DT Legal, for Deutsche Telekom AG 06/24/2020
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (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).
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