<PAGE> 1
<TABLE>
- ------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION ------------------------------
FORM 4 WASHINGTON, D.C. 20549 OMB APPROVAL
- ------ ------------------------------
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OMB Number: 3235-0287
[ ] Check this box if no Expires: September 30, 1998
longer subject to Filed pursuant to Section 16(a) of the Securities Estimated average burden
Section 16. Form 4 Exchange Act of 1934, Section 17(a) of the hours per response.........0.5
or Form 5 obligations Public Utility Holding Company Act of 1935 ------------------------------
may continue. See or Section 30(f) of the Investment Company
Instruction 1(b). Act of 1940
<S> <C> <C> <C> <C> <C> <C>
(Print or Type Responses)
- ------------------------------------------------------------------------------------------------------------------------------------
1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s)
Baumbaugh Cregg B. VoiceStream Wireless Corporation (VSTR) to Issuer (Check all applicable)
- -------------------------------------------- ---------------------------------------------- Director 10% Owner
(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ---- ---
VoiceStream Wireless Corporation Number of Reporting Month/Year X Officer Other (specify
3650 131st Avenue SE, Ste. 200 Person (Voluntary) 11/1999 ---- --- below)
- -------------------------------------------- ------------------- (give title below)
(Street) 5. If Amendment, Executive Vice President - Finance,
Bellevue WA 98006 Date of Original Strategy and Development
- -------------------------------------------- (Month/Year) -----------------------------------
(City) (State) (Zip) 7. Individual or Joint/Group Filing
------------------- (Check Applicable Line)
X Form filed by One
---- Reporting Person
Form filed by More Than
USA ---- One Reporting Person
- ------------------------------------------------------------------------------------------------------------------------------------
TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
- ------------------------------------------------------------------------------------------------------------------------------------
1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature of
(Instr. 3) action action or Disposed of (D) Securities Form Indirect
Date Code (Instr. 3, 4 and 5) Beneficially Direct Beneficial
(Instr. 8) Owned at (D) or Ownership
(Month/ End of Month Indirect (Instr. 4)
Day/ --------------------------------------- (Instr. 3 and 4) (I)
Year) Code V Amount (A) or Price (Instr. 4)
(D)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 11/8/1999 M 20,000.00 A $ 5.153 D
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 11/8/1999 S 20,000.00 D $95.8125 57,060 D
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 5,800 I By Trust
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Page 1 of 2 (Over)
*If the form is filed by more than one reporting person, see Instruction 4(b)(v). SEC 1474 (7/96)
</TABLE>
<PAGE> 2
<TABLE>
<CAPTION>
FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C> <C> <C>
- ------------------------------------------------------------------------------------------------------------------------------------
1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price
Security sion or action action Derivative cisable and Underlying of
(Instr. 3) Exercise Date Code Securities Ac- Expiration Securities Derivative
Price of (Month/ (Instr. 8) quired (A) or Date (Instr. 3 and 4) Security
Deriv- Day/ Disposed of (D) (Month/Day/ (Instr. 5)
ative Year) (Instr. 3, 4, Year)
Security and 5)
- ------------------------------------------------------------------------------------------------------------------------------------
Code V (A) (D) Date Expira- Title Amount or
Exer- tion Number of
cisable Date Shares
- ------------------------------------------------------------------------------------------------------------------------------------
Stock Option - Right to Buy 5.153 11/8/1999 M 20,000.00 Immed. 12/31/04 Common Stock 20,000.00
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C>
9. Number of 10. Ownership 11. Nature of
Derivative Form of Indirect
Securities Derivative Beneficial
Beneficially Security: Ownership
Owned at End Direct (D) (Instr. 4)
of Month or Indirect (I)
(Instr. 4) (Instr. 4)
- --------------------------------------------------------------------------------
42,000.00 D
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Explanation of Responses:
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
/s/ CREGG B. BAUMBAUGH 12/8/99
Note: File three copies of this Form, one of which must be manually signed. ------------------------------- ---------------
If space is insufficient, see Instruction 6 for procedure. **Signature of Reporting Person Date
Cregg B. Baumbaugh
Potential persons who are to respond to the collection of information Page 2
contained in this form are not required to respond unless the form SEC 1474 (7/96)
displays a currently valid OMB Number.
</TABLE>
