U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to
Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
[ ] Check this box if no longer subject of Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
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1. Name and Address of Reporting Person*
France Telecom S.A.
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(Last) (First) (Middle)
6 Place D'Alleray
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(Street)
Paris France 75505 Cedex 15
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Sprint Corporation (FON)
Sprint Corporation (PCS)
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3. IRS or Social Security Number of Reporting Person, if an Entity (Voluntary)
N/A
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4. Statement for Month/Year
6/99
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
[ ] Director [ x ] 10% Owner
[ ] Officer (give title below) [ ] Other (specify below)
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7. Individual or Joint/Group Filing
(Check applicable line)
[ x ] Form filed by one Reporting Person
[ ] Form filed by more than one Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ------------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
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* If the Form is filed by more than one Reporting Person, see Instruction
4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly
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FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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<TABLE>
<CAPTION>
9. 10.
Num- Owner-
ber ship
of Form
2. Deri- of
Conv- 6. vative Deri- 11.
ersion Date Exer- Secur- vative Nature
or cisable and 7. 8. ities Secu- of
Exer- 4. Expiration Title and Price Benefi- rity: In-
1. cise 3. Trans- 5. Date (Month/ Amount of Under- of cially Direct direct
Title of Price Trans- action Number of Derivative Day/Year) lying Securities Deri- Owned (D) or Bene-
Deriv- of action Code Securities Acquired (A) ------------- (Instr. 3 and 4) vative at In- ficial
ative Deriv- Date (Instr. or Disposed of (D) Expir- --------------------- Secur- End of direct Owner-
Security ative (Month/ 8) (Instr. 3, 4 and 5) Date Expir- Amount ity Month (I) ship
(Instr. Secur- Day/ -------- ------------------------- Exerc- ation or number (Instr. (Instr. (Instr.(Instr
3) ity Year) Code V (A) (D) isable Date Title of Shares 5) 4) 4) 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
FON Common FON Common
Stock- 1 for 1 6/4/99 J* 43,318,018 (A) N/A N/A Stock- 43,318,018 N/A 86,636,036** D N/A
Series 3 Series 1
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PCS Common PCS Common
Stock- 1 for 1 N/A N/A N/A N/A N/A N/A Stock- N/A N/A 27,658,718** D N/A
Series 3 Series 1
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Explanation of Responses:
* On April 20, 1999, Sprint Corporation ("Sprint") announced a two-for-one stock
split of its FON Common Stock in the form of a dividend payable in shares of FON
Common Stock of Sprint. A comparable dividend was announced on the Class A
Common Stock of Sprint. New shares were issued on June 4, 1999 to holders of
record on May 13, 1999. Accordingly, France Telecom S.A. ("FT") received (i)
200,000 shares of FON Common Stock-Series 3 of Sprint in respect of the 200,000
shares of FON Common Stock-Series 3 of Sprint owned by FT and (ii) 43,118,018
shares of FON Common Stock-Series 3 of Sprint in respect of the 43,118,018
shares of Class A Common Stock of Sprint owned by FT.
** FT and Deutsche Telekom AG ("DT") may be deemed members of a group. FT holds
43,118,018 shares of Class A Common Stock, 43,518,018 shares of FON Common
Stock-Series 3 and 6,099,709 shares of PCS Common Stock-Series 3 of Sprint, and
DT holds 43,118,018 shares of Class A Common Stock, 43,843,018 shares of FON
Common Stock-Series 3 and 6,699,709 shares of PCS Common Stock-Series 3 of
Sprint. FT disclaims beneficial ownership of shares held by DT for reporting
purposes on this Form 4. Each share of Class A Common Stock of Sprint can be
converted into one share of FON Common Stock-Series 3 (or, in certain
circumstances, FON Common Stock-Series 1) and one-half share of PCS Common
Stock-Series 3 (or, in certain circumstances, PCS Common Stock-Series 1) of
Sprint. Each share of FON Common Stock-Series 3 and PCS Common Stock-Series 3 of
Sprint can be converted in certain circumstances into one share of FON Common
Stock-Series 1 and PCS Common Stock-Series 1, respectively, of Sprint.
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FRANCE TELECOM S.A.
By: /s/ Thierry Girard 7/6/99
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Name: Thierry Girard Date
Title: Senior Vice-President
**Signature of Reporting Person
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
