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OMB APPROVAL
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OMB Number 32350287
Expires: September 30, 1998
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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*
Deutsche Telekom AG
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(Last) (First) (Middle)
Friedrich - Ebert - Allee 140
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(Street)
Bonn Germany 53113
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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
2/99
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5. If Amendment, Date of Original (Month/Year)
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<PAGE>
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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<PAGE>
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Table I -- Non-Derivative Securities Acquired,
Disposed of, or Beneficially Owned
<TABLE>
<CAPTION>
=================================================================================================================================
<S> <C> <C> <C> <C> <C> <C>
1. Title of 2. Transaction 3. Transaction 4. Securities Acquired 5. Amount of 6. Ownership 7. Nature of
Security Date Code (A) or Disposed of (D) Securities Form: Direct Indirect
(Instr. 3) (Month/Day/Year) (Instr. 8) (Instr. 3, 4 and 5) Beneficially (D) or Beneficial
Owned at End of Indirect (I) Ownership
----------- ------------------------ Month (Instr. 4) (Instr. 4)
(A) or (Instr. 3 and 4)
Code V Amount (D) Price
--------- --------------- ---- ----- -------- ------ ----- ---------------- ----------- -----------
- ---------------------------------------------------------------------------------------------------------------------------------
</TABLE>
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).
<PAGE>
FORM 4 (continued)
<TABLE>
<CAPTION>
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
=================================================================================================================================
<S> <C> <C> <C> <C> <C>
1. Title of 2. Conver- 3. Trans- 4. Transac- 5. Number of Deriva- 6. Date Exercis-
Derivative sion or action tion tive Securities Ac- able and Expi-
Security Exer- Date Code quired (A) or Dis- ration Date
(Instr. 3) cise (Month/ (Instr. 8) posed of (D) (Month/Day/
Price of Day/ (Instr. 3, 4 and 5) Year)
Deriva- Year) ------------------
tive Se- Date Expira-
curity ------------------- Exer- tion
Code V (A) (D) cisable Date
------------ -------- -------- ---- ----- -------- ----- -------- --------
PCS Common Stock 1 for 1 2/10/99 P 2,652,500 (A) N/A N/A
Series 3
PCS Common Stock 1 for 1 2/22/99 P 397,875 (A) N/A N/A
Series 3
</TABLE>
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C>
1. Title of 7. Title and Amount of 8. Price of 9. Number of 10. Ownership Form 11. Nature of
Derivative Underlying Securities Derivative derivative of Derivative Indirect
Security (Instr. 3 and 4) Security Securities Security: Direct Beneficial
(Instr. 3) (Instr. 5) Beneficially (D) or Indirect Ownership
-------------------------- Owned at End (I) (Instr. 4)
Amount or of Month (Instr. 4)
Number of (Instr. 4)
Title Shares
----------- ----------- -------- --------- ------------ ---------------- ----------
PCS Common Stock PCS Common Stock 2,652,500 $27.67 D N/A
Series 3 Series 1
PCS Common Stock PCS Common Stock 397,875 $27.67 27,208,718* D N/A
Series 3 Series 1
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</TABLE>
Explanation of Responses:
* Deutsche Telekom AG ("DT") and France Telecom S.A. ("FT") may be deemed
members of a group, with each holding 43,118,018 shares of Class A Common Stock
and 5,649,709 shares of PCS Common Stock-Series 3 ("Series 3 PCS Common Stock")
of Sprint Corporation ("Sprint"). DT disclaims beneficial ownership of shares
held by FT for reporting purposes on this Form 4. Each share of Class A Common
Stock 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 Series 3
PCS Common Stock (or, in certain circumstances, PCS Common Stock-Series 1
("Series 1 PCS Common Stock")). Each share of Series 3 PCS Common Stock can be
converted in certain circumstances into one share of Series 1 PCS Common Stock.
<PAGE>
/s/ Helmut Reuschenbach 3/5/99
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Title: Senior Executive Director Date
**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).
