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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
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*
Hodder Broady R

(Last) (First) (Middle)
4400 CARILLON POINT

(Street)
KIRKLAND WA 98033

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Clearwire Corp /DE [ CLWR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, Gen. Counsel & Secretary
3. Date of Earliest Transaction (Month/Day/Year)
06/08/2011
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
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
Class A Common Stock 06/08/2011 A 16,666(1) A (2) 182,706 D
Class A Common Stock 06/08/2011 A 11,111(1) A (3) 193,817 D
Class A Common Stock 06/08/2011 A 11,111(1) A (4) 204,928 D
Class A Common Stock 06/08/2011 A 16,666(1) A (5) 221,594 D
Class A Common Stock 06/08/2011 A 8,333(1) A (6) 229,927 D
Class A Common Stock 06/08/2011 A 16,666(1) A (7) 246,593 D
Class A Common Stock 06/08/2011 A 8,000(8) A (9) 254,593 D
Class A Common Stock 06/08/2011 A 20,000(8) A (10) 274,593 D
Class A Common Stock 06/08/2011 A 20,295(8) A (11) 294,888 D
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
Stock Option (right to buy) $15 06/07/2011 D 41,666 (12) 01/26/2016 Class A Common Stock 41,666 (2) 0 D
Stock Option (right to buy) $18 06/07/2011 D 33,333 (12) 08/30/2016 Class A Common Stock 33,333 (3) 0 D
Stock Option (right to buy) $18 06/07/2011 D 33,333 (12) 09/15/2016 Class A Common Stock 33,333 (4) 0 D
Stock Option (right to buy) $25 06/07/2011 D 50,000 (12) 03/01/2017 Class A Common Stock 50,000 (5) 0 D
Stock Option (right to buy) $23.3 06/07/2011 D 25,000 (12) 09/14/2017 Class A Common Stock 25,000 (6) 0 D
Stock Option (right to buy) $17.11 06/07/2011 D 50,000 (12) 02/15/2015 Class A Common Stock 50,000 (7) 0 D
Stock Option (right to buy) $11.03 06/07/2011 D 20,000 (13) 09/19/2015 Class A Common Stock 20,000 (9) 0 D
Stock Option (right to buy) $7.41 06/07/2011 D 35,000 (14) 09/08/2019 Class A Common Stock 35,000 (10) 0 D
Stock Option (right to buy) $8.04 06/07/2011 D 35,517 (15) 03/09/2020 Class A Common Stock 35,517 (11) 0 D
Explanation of Responses:
1. Restricted Stock Units vest 50% annually beginning on March 1, 2012.
2. On June 7, 2011, the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on January 26, 2006. In exchange for the option, the reporting person received 16,666 Restricted Stock Units.
3. On June 7, 2011, the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on August 30, 2006. In exchange for the option, the reporting person received 11,111 Restricted Stock Units.
4. On June 7, 2011, the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on September 15, 2006. In exchange for the option, the reporting person received 11,111 Restricted Stock Units.
5. On June 7, 2011, the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on March 1, 2007. In exchange for the option, the reporting person received 16,666 Restricted Stock Units.
6. On June 7, 2011, the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on September 14, 2007. In exchange for the option, the reporting person received 8,333 Restricted Stock Units.
7. On June 7, 2011, the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on February 15, 2008. In exchange for the option, the reporting person received 16,666 Restricted Stock Units.
8. Restricted Stock Units vest 25% annually beginning on March 1, 2012.
9. On June 7, 2011, the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on September 19, 2008. In exchange for the option, the reporting person received 8,000 Restricted Stock Units.
10. On June 7, 2011, the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on September 8, 2009. In exchange for the option, the reporting person received 20,000 Restricted Stock Units.
11. On June 7, 2011, the issuer canceled, pursuant to the issuer's option exchange program, an option granted to the reporting person on March 9, 2010. In exchange for the option, the reporting person received 20,295 Restricted Stock Units.
12. The canceled option became fully vested on November 28, 2008.
13. The canceled option provided for vesting in four equal annual installments beginning on September 19, 2009.
14. The canceled option provided for vesting in four equal annual installments beginning on September 1, 2010.
15. The canceled option provided for vesting in four equal annual installments beginning on March 1, 2011.
Remarks:
By: Frederick L. Williams, Jr. For: Broady R. Hodder 06/10/2011
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.